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Wednesday, May 18, 2005

Testimony of Robert A.G. Monks Before the Joint Standing Judiciary Committee Of the Maine State Legislature

The State of Maine has a unique opportunity to lead the entire nation out of its current decline away from democracy towards corporatism. The power of corporations is so entrenched in most of the states that a bill such as LD 1495 would never achieve serious consideration. Maine not… May 18, 2005 | Citizens United , corporate speech , Campaign Finance , Capture
Tuesday, September 24, 2013

Not Fade Away: We Must Revive Fiduciary Duty

A few years ago we recorded this post about fiduciary duty.  I still had the misguided hope that President Obama would address corporate capture, conflict of interest and fiduciary duty.  While it's clear that these issues are not on his agenda, they are still very much essential for corporate… September 24, 2013 | fiduciary duty , Government Capture , Capture
Thursday, June 13, 2013

Discussing the book on Reuters TV

I was interviewed for Reuters TV when I was in New York last week.  I had the chance to talk with Rob Cox and explain the theory behind Citizens DisUnited.  It really was an excellent interview and I think he was able to draw out some good explanations behind… June 13, 2013 | Capture , Corporate Drones , Corporate Power , CEO power
Tuesday, June 4, 2013

Absence of Ownership

I have a post about Absence of Ownership over at Big Think today -- Have a look. June 4, 2013 | ownership , responsible ownership , Capture , fiduciary duty
Monday, June 3, 2013

Privatization: Letting Foxes in the Henhouse

Recently I read Rachel Maddow’s book, Drift: The Unmooring of American Military Power (2012). I’m a bit late to this party, perhaps, but the book brought some issues into sharp focus for me. In particular, this issue of privatizing services – in the case of Maddow’s book it’s military… June 3, 2013 | Capture , Military Industrial Complex , capitalism
Thursday, May 23, 2013

Loopholes, Islands and Havens

  Tax avoidance is hot news – and especially because American tech darling Apple was called before a Senate subcommittee to explain why they paid such very low taxes in this country despite earning billions in revenue.    Today we hear of world leaders calling for international tax laws… May 23, 2013 | multinational corporations , Tax Havens , Offshore , Corporate Power , Capture
Thursday, April 5, 2012

Confronting Power

The only way I know to combat corporate power as it now stands is for government to exercise its powers as owners of a preponderance of publicly traded stock. Self-regulation didn't work and any attempts at government regulation are thwarted or circumnavigated. You can't control a corporation from outside… April 5, 2012 | fiduciary duty , CEO power , Capture , Corporate Power , Government Capture , Money in Politics , ownership
Monday, February 6, 2012

Attacking Proxy Advisors

  Since the passage of Dodd-Frank, in the summer of 2010, there has been a constant drumbeat from representatives of the corporate community, particularly the Business Roundtable and the U.S. Chamber of Commerce, regarding the need for an increased level of regulatory oversight focused on proxy advisory firms.  … February 6, 2012 | proxy , Capture , SEC , institutional investors , shareholder activism
Thursday, December 15, 2011

True Cost of Military Equipment Spending

On the heels of my last post, Government Capture: Two Ways it Affects Us All, this terrific graphic arrived in our mailbox.  It details the cost of military supplies in contrast with how many families could live on that same amount of money.  If you believe, as I do,… December 15, 2011 | Iraq War , Capture , Corporate Power
Wednesday, December 7, 2011

Government Capture – Two Ways it Affects Us All

In the past couple of decades our country has been deeply divided on a number of topics but two issues stand out in the arena of corporate power over government: Health Care Legislation & War with Iraq.   Did you wonder, during all of the finagling over the Health Care… December 7, 2011 | Capture , Corporate Power , corporate social responsibility
Friday, December 2, 2011

Judge Rakoff Rejects the SEC Deal with Citigroup

Truthdig named Judge Jed Rakoff "Truthdigger of the Week," and rightly so.  Judge Rakoff performed a public service in rejecting the SEC's deal with Citigroup this week.  These no-fault settlements are nothing but corporate power over government and regulation in its purest form.  We hear the same excuses all… December 2, 2011 | Capture , Corporate Power , SEC
Thursday, November 17, 2011

National Debt and Government Capture

In this new video I address the U.S. national debt as a symptom of corporate power over government.  Everywhere I look these days there is evidence of government capture: lobbying, the revolving door in Washington, the dismantling of employee pension plans ...  As I said in my last post,… November 17, 2011 | Capture , accountability
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