There is a simple distinction between the property rights of individuals and private organizations, such as sports teams, clubs, partnerships or share-holding trusts versus corporations. Corporations are children of the state, literally and legally. A corporation is an artificial person (corpus) who stands in for the real people, shielding them from liability. In return for this privilege (private law, literally), corporations are required to sign up and agree abide by a plethora of laws, rules, regulations, etc., including a guarantee that the corporation will always act in the public interest, as I recall, in California,* and including various the granting of rights of oversight by various and sundry state or federal bureaus.
Given that the corporation as such is fundamentally an example of fascism, the state granting special favors, including limited liability, but also including exemption from a host of damage claims (on grounds of double jeopardy, as these claims often come under the bureaucratic regulatory apparatus that is supposed to keep the corporations in line), it is absurd to equate this state agency with private property. The corporations are already foisting excess risk off on the general public by use of state force and literally getting away with murder in many cases of toxic wastes, all purely by virtue of legal fiat. Now we're going to let them spend their pork barrel dollars to sell us more of the same?
The interesting thing will be to see if this new ruling applies in such cases as the local OC Anthony Hargis & Co., which was systematically destroyed and millions of dollars of assets seized about five years ago, allegedly on the basis of Hargis having used his company's (a Massachusetts Trust) website to promote his political ideas. How ironic it would be if a purely private contractual company whose very purpose was to promote a set of ideas were forbidden to express them, while state corporations working hand in clove with politicians for pork were granted carte blanc.
*Although, as far as I know, in over one hundred years, not one single California corporation has ever been prosecuted, much less shut down, for not acting in the public interest. What a perfectly splendid example of the utter purity of intent and action of California corporations....
I jest.
(Edited by Phil Osborn on 2/01, 8:00pm)
|