Book Read Free

Corporations Are Not People

Page 24

by Jeffrey D. Clements


  16. SEC Rule 14a-11, “Facilitating Shareholder Director Nominations,” August 25, 2010, http://www.sec.gov/rules/final/2010/33-9136.pdf (accessed April 24, 2011).

  17. Commission on Governmental Ethics and Election Practices, Guidebook for 2010 Gubernatorial Candidates: Runningfor Office in Maine, August 20, 2009, http://www.maine.gov/ethics/pdf/publications/2010_gubernatorial_guide_mcea_final.pdf (accessed June 18, 2011).

  18. McCommish v. Bennett, Supreme Court Case No. 10-239; Arizona Free Enterprise Club v. Bennett, Supreme Court Case No. 10-238.

  19. Thomas Jefferson, letter to Samuel Kercheval, July 12, 1816.

  Resources

  1. Handlin and Handlin, Commonwealth, p. 92 and n. 18.

  2. Dred Scott v. Sandford, 60 U.S. 393 (1856).

  3. Minor v. Happersett, 88 U.S. 162 (1874).

  Index

  A

  advertising

  branding in, 35-36, 49

  embedded, 48-52

  labeling and, 31-32, 33

  school curriculums and, 51-52

  youth-targeting in, 21, 33-37, 48-52, 193n10

  AES Thames, 104

  Afghanistan, 88, 97

  AFL-CIO, 84

  agribusiness, subsidies for, 89

  AIG (American International Group), 79, 90, 120

  Alaska, petroleum corporations in, 100, 135, 136

  Alcoa, 132

  Alito, Samuel, 10, 75

  Alliance for Democracy, 181

  Alpha Natural Resources, 100, 114, 140, 184-185

  Alston & Bird, 93

  Altadis U.S.A. v. Reilly, 193n14

  American Coal Foundation, 51

  American Constitution Society, 181

  American Crossroads, 122

  American Independent Business Alliance, 150, 178, 180

  American Petroleum Institute (API), 51, 103

  American Sustainable Business Council, 150, 178, 180, 204n2

  Anderson, Jack, 191n17

  Anheuser Busch, 129-130

  Appalachian Voices, 104, 156, 165, 184-185

  Apple [computer], 83, 131, 171

  Arch Coal, 100

  Arizona, election funding in, 160-161

  Article V U.S. Constitution, 66, 151, 152, 167-168

  Ashford University, 53-54

  asset concealment, UBS and, 206n44

  AT&T, 27

  Australia, rBST and, 40

  B

  B (benefit) corporations, 77, 157, 179

  Backbone Campaign, 150

  Bad Frog Brewery, Inc., 31-32, 33, 47

  Baldwin, Chuck, 151

  Bank of America, 90, 119, 120, 132

  Baucus, Max, 94, 150

  Ben & Jerry’s Ice Cream, 109-110

  Bill of Rights

  corporate personhood and, 23, 34, 47, 129, 148

  People’s Rights Amendment and, 146, 148-149, 152, 170, 171, 176, 177

  purpose of, 65, 152

  Bipartisan Campaign Reform Act (McCain-Feingold), 8-9, 10, 140, 174

  Black, Hugo, 72-73

  Blue Cross and Blue Sheild of Massachusetts, 82

  Boeing, 27, 132, 172

  Bossie, David, 83

  BP

  criminal conduct of, 132-137, 140

  Deepwater Horizon oil rig, 52, 62, 100, 134-135

  Delaware incorporation of, 62-63, 155

  limited liability and, 62-63

  as multinational corporation, 130, 134

  school curriculums and, 51-52

  branding, 35-36, 49

  “breathing space”, 137, 138

  Breaux, John, 93, 94

  Brennan Center for Justice, 181

  Bridgepoint Education, Inc., 53-54

  Bristol Myers-Squibb, 93

  Brown v. Board of Education, 46

  Buffett, Warren, 125

  Bureau of Labor Statistics, 116

  Bush, George H. W., 21, 98-99

  Bush, George W., 21, 92, 98, 99

  Business Alliance for Local Living Economies, 180

  Business for Democracy, 150, 189, 190, 204n2

  C

  California, corporate influence in, 51, 68, 136, 137-138

  Calvert Social Investment Fund, 110

  Camel cigarettes, 36, 37, 39, 48-49, 193n10

  Campaign Legal Center, 181

  Canada, 40, 92

  capital gains taxes, 121-122

  Capital Legal Center, 24

  Cardozo, Benjamin, 37

  Carter, Jimmy, 98

  Cato Institute, 89

  Center for Corporate Policy, 179

  Center for Media and Democracy, 176-191

  Center for Medicare and Medicaid Services, 82

  Center for Responsive Politics (CRP), 119-120, 181

  Central Hudson Gas & Electric Corporation v. Public Service Commission of New York, 25, 58-59, 103, 191n17, 193n14, 296n5

  CEOs, salaries of, 55-56, 82, 91, 111, 115, 119-122

  CERES, 180

  Channel One Corporation, 49

  Chevron, 51

  China, 11, 102, 131

  Chouinard, Yvon, 109

  CIGNA, 95

  Citigroup, 90, 120, 122-123, 124, 125, 20n31

  Citizens United v. Federal Election Commission

  business leaders opposed to, 109-111

  criminal conduct and, 132-143

  multinational influence and, 130-132

  reversing, 145-163, 199n3

  roots of, 14-17, 18

  Supreme Court and, 8-13, 57-58

  union spending and, 83-87

  Clark, Andrew, 54

  Clean Air Act, 15

  Clean Election Law, 160-161

  Cleaning the Swamp: Campaign Finance, and Lobbying Reform, 180

  Clean Water Act, 15, 65, 106, 107, 108, 188

  Clements Law Office, LLC, 61, 217-218

  Cleveland, Grover, 71

  Clinton, Bill, 21, 91, 99, 123

  Clinton, Hillary, 9

  coal industry

  ecological destruction by, 100-101, 103-107, 112-114, 186-188

  legal action against, 184-185

  lobbying efforts by, 100-101, 102-103, 107-108, 111

  Coca-Cola Company, 50, 52

  cognitive feudalism, 119

  Cohen, Ben, 109

  Colorado, 59-60

  Committee on Political Education (COPE), 86

  Commodity Futures Trading Commission (CFTC), 125

  Common Cause, 179, 181

  Community and Environmental Legal Defense Fund, 180

  Compaq, 119

  Concord Light & Power, 104

  Congressional Budget Office (CBO), 88, 89

  conservatives, corporatists compared, 18, 22-23, 74-75, 151

  Consolidated Edison Corporation, 58, 103, 196n4

  Constitution Accountability Center, 181

  Constitution Party, 151, 181

  constitutional amendment campaign, 5, 13, 147-148, 150, 153, 178

  Conyers, John, 190n12

  Coors Brewing Company, 59-60, 196n7, 196n8

  corporate accountability

  charter reform and, 5, 63, 134, 146, 154-155, 158

  disregard for, 37, 77, 134-135, 138

  perpetual life and, 61, 64, 67

  resources for, 190-191

  Corporate Ethics International, 180

  corporate naming rights, 49

  corporate rights foundations, 23-26

  corporation, definition of, 57-58, 60-64, 196n9

  corporatists, conservatives compared, 18, 22-23, 74-75, 151

  Council for Corporate-School Partnerships, 52

  Covington & Burling, 42-44, 138

  Credit Suisse, 119, 132, 140

  crime, corporate

  asset concealment and, 125, 140, 206n44

  BP and, 132-137, 140

  charter revocation and, 77, 156, 162

  consequenes of, 132-133, 140-143

  Delaware incorporation law and, 133, 137, 146, 156

  lobbying bribes, 5, 146, 161-162

  People�
��s Rights Amendment and, 170

  tobacco conspiracy campaign, 19-22

  crony capitalism, 109, 110-114, 117, 122-125, 146

  Crossroads GPS, 122

  D

  debt, national, 11, 33, 88-91

  Deepwater Horizon oil rig, 52, 62, 100, 134-135, 137

  deficit, national, 88-91, 97, 99

  Delaware incorporation law

  BP and, 62-63, 134, 137, 155

  charter revocation and, 133, 137, 156

  criminal conduct and, 133, 137, 146, 156

  federal standards and, 77, 146, 155, 207n15

  global corporations and, 62, 130, 133, 134, 154-155, 157

  limited liability and, 62-63

  Massey Energy and, 185-188

  perpetual existence in, 63-64, 66-67

  U.S. Constitution and, 64-67

  Democrats, 13, 21, 72, 85, 149

  Demos, 192

  Denmark, 102

  derivatives, 112, 124, 125

  Deutsche Bank, 132

  Diamond, Jared, 97, 189n1

  Digital Equipment Corporation, 25, 118, 119

  Domini, Amy, 110

  Donohue, Tom, 81

  Dow Chemical, 62

  Downs, Raissa, 94

  Dred Scott v. Sandford, 13

  E

  Earth Day, 14-17, 28, 106

  Easton, Michelle, 94

  Edwards, Donna, 13, 150

  Effectively Embedded: Schools and the Machinery of Modern Marketing, 49-50

  Egypt, 97, 110

  Eisenhower, Dwight, 162

  Ekelund, Robert, 124-125

  embedded marketing, 48-52

  Emily’s List, 205n28

  Endangered Species Act, 15

  energy corporations

  climate change and, 28, 51, 83, 99, 101, 153, 187

  corporate lobbbying and, 100, 102-103

  tax environmental incentives, 29, 99

  see also BP; coal industry; Environmental Protection Agency

  Enron, 125-126

  Environmental Protection Agency (EPA)

  actions by, 202n46

  corporate fight against, 101-102, 107, 108

  creation of, 15

  mountaintop removal and, 107, 108, 205

  regulatory powers of, 28, 101-102, 113

  Epstein, Paul R., 203n54

  Equal Justice Society, 181

  Equal Rights Amendment, 148

  Equilon refinery, 136

  European Union, rBST and, 40

  externalization, corporate, 63, 77, 101, 112-113

  ExxonMobil, 27, 100, 130, 132, 138

  F

  F-35 fighter jet, 90

  faction, 128, 129

  Fair Elections Now Act, 160-161

  Federal Communications Commission (FCC), 21

  Federal Trade Commission (FTC), 50-51

  Federal Water Pollution Control Amendments, 15, 135

  Ferguson, Charles, 205n31

  Fifth Amendment, 178

  Financial Modernization Act, 123-124

  firewalls, 123

  First Amendment (Free Speech)

  cigarette corporations and, 21, 34, 37

  Citizens United and, 2, 9-10, 12

  corporate disclosure and, 44-45, 59

  corporate speakers and, 59, 138

  People’s Rights Amendment and, 167, 174-175, 177

  speech restrictions and, 138, 161, 193n14

  First National Bank of Boston v. Bellotti, 25, 26, 58, 74, 118

  Fleet, 119

  Florida, 49, 140

  Food and Drug Administration (FDA), 40, 41, 65

  for-profit colleges, 52-53

  Ford, Gerald, 12, 98

  Fortune 500, 62, 129

  foundations, corporate rights and, 23-26

  Fourteenth Amendment, 68-69, 72-73, 178

  Fourth Amendment, 174

  Fox News, 130

  Franciscan University, 53, 54

  Frank, Robert, 205n20

  Franklin, Benjamin, 127

  free market economy, 80, 111-112, 153

  Free Speech for People, 13, 150, 153-154, 156, 165, 178, 179, 181, 184-185, 199n3, 207n4

  G

  Gallup, 29, 193n26

  General Electric (GE), 27, 63, 64, 90, 120, 130-131, 132

  General Motors, 90, 129, 132-133

  Germany, 11, 102

  Gillette, 25, 118-119

  Glass-Steagall, 123-124

  GlaxoSmithKline, 138

  Goldman Sachs, 62, 90, 120, 123

  Government Accountability Office (GAO), 55

  Gramm, Phil, 124-126, 162

  Gramm, Wendy, 125

  Great Depression, 88, 123

  Great Plains Legal Foundation, 24

  Green Change, 137, 191

  Greenfield, Jerry, 109

  Greenfield, Kent, 133, 155-156, 157, 195, 197n11, 197nn14-15, 204n10

  Greenspan, Alan, 123

  Greenwood, Daniel, 208n15

  Grocers’ Association, 42

  gross domestic product (GDP), 88, 91

  H

  Haber, Stephen, 109, 110, 117

  Hacker, Jacob S., 201n29

  Haliburton, 90

  Haney, Bill, 105

  Harshbarger, Scott, 36-37

  Hart Research Associates, 199n3

  Hayden, Charles, 106-107

  Hayward, Tony, 137

  health care

  costs of, 85-86, 91

  industry lobbying and, 27, 82, 92-94, 172

  industry tax subsidies and, 94, 201n28

  Medicare, 82, 88, 92-94, 120, 162

  reform of, 91-96

  union membership and, 85-86

  heavy hitters, 119-120, 160-161

  hedge fund managers, tax loopholes and, 120-122, 125

  Helmsley, Leona, 120

  Hensal, Eric, 80

  Heritage Foundation, 196n7

  Higher Learning Commission, 54

  Hill, Murray, 79-80, 178

  Hirschberg, Gary, 110

  Hoover Institution, 110

  Hugo, Victor, 57

  Hussein, Saddam, 140

  I

  I Love Mountains, 104

  income, disparities in, 118, 119, 204n10, 205n20

  incorporation, charter reform and, 159

  incorporation standards, state, 158

  India, job outsourcing to, 116, 123

  Indonesia, 110

  intermingled elite, 122-125

  Iran, 97

  Iraq, 88, 97

  Israel, 97

  J

  Jackson, Andrew, 15, 127

  Jefferson, Thomas, 14-15, 48, 70, 127, 141, 142, 163

  Joe Camel, 37, 39, 48-49, 193n10

  JPMorgan Chase, 120

  K

  Kennedy, Anthony, 10-11, 76

  Kennedy, Robert, Jr., 104, 105

  Kentucky, 74, 103-106, 205, 198n38, 203n54

  Kentucky Department of Fish and Wildlife, 105-106

  Kentucky Riverkeeper, 104

  Kerr, Robert L., 119, 195, 189n4

  Kerry, John, 150

  Kessler, Gladys, 21, 35-36, 42-43, 190n14

  Kilts, James, 119

  Kingdom Holding Company of Saudi Arabia, 130

  Koch Industries, 76

  L

  labeling laws, 31-32, 33

  Landmark Legal Foundation, 24

  Last Mountain, The, 105

  Lebow, Bennett, 31, 35

  libertarians, 114, 124, 151

  Libya, 97

  limited liability, 5, 61, 62-63, 64, 67, 114

  Lincoln, Abraham, 2, 7

  Lloyd, Elmer, 105-106

  lobbyists

  biggest spenders, 81t, 87t

  bribery and, 146, 161-162

  multinational, 124, 130-131

  People’s Rights Amendment and, 172

  unions and, 86

  see also specific corporation; industry

  Lockheed Martin, 27, 172

  Lorillard Tobacco Co. v. Reilly, 59, 193n14, 196n6

  Los An
geles, school corporate naming rights in, 49

  Lovett, Joe, 106

  Ludwig von Mises Institute, 124

  M

  Madison, James, 14, 70, 76, 128

  Main Street Alliance, 192

  Maine, 44, 160

  Marine Mammal Protection Act, 15

  Marshall, John, 70

  Marshall, Thurgood, 75

  Maryland, B corporations in, 157

  Massachusetts

  cigarette advertising in, 33-34, 36-37, 38-39

  corporate campaign spending in, 25, 58, 118

  taxation in, 118, 205n21

  Massey Energy, 100, 114, 140, 156, 165, 184-188

  McCain-Feingold Act (Bipartisan Campaign Reform Act), 8-9, 10, 140, 174

  McCain, John, 13

  McConnell v. Federal Election Commission, 10, 75

  McDonald’s Corporation, 49

  McManus, John, 94

  Medicaid, 82, 88, 93-94

  Medicare, 82, 88, 92-94, 120, 162

  mercury pollution, 202n46

  Merrill Lynch, 120

  Michigan Chamber of Commerce v. Austin, 10, 75

  Microsoft, 138

  Mid-America Legal Foundation, 24

  Mid-Atlantic Legal Foundation, 24

  Mississippi, tobacco regulations in, 36

  MolsonCoors, 59

  Monks, Robert, 113

  Monsanto, 26, 39-45, 47, 170, 194n24

  Morgan Stanley, 138

  Mother Jones, 125

  mountain top removal (MTR), 203n54, 203n62

  Move to Amend, 13, 150, 179

  MoveOn/The Other 98%-Fight Washington Corruption, 181

  Moyers, Bill, 4, 96

  Mullen, Michael, 88

  multinational corporations

  BP as, 130, 134

  Citizens United and, 130-132

  Delaware charter law and, 62, 130, 133, 134, 154-155, 157

  job outsourcing and, 3, 116, 123, 131, 139

  lobbying by, 124, 130-131

  patriotism and, 127, 129-132

  shareholders in, 130-131

  U.S. Chamber of Commerce and, 130, 151

  Murray Hill, Inc., 79-80, 189

  Murtha, J. Garvan, 44-45

  N

  National Association of Broadcasters, 205n28

  National Chamber Litigation Center, 23-24, 26, 191n17

  National Education Policy Center, 49-50

  National League of Women Voters, 181

  National Legal Center for the Public Interest, 24

 

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