In this article, a corporation is defined as a legal entity describing the large " Anglo-American publicly traded business corporation as opposed to small, incorporated businesses...." Over time the Supreme Court legitimated this type of capitalist institution. In Dodge v. Ford (1919), the Supreme Court created the principle, "the best interests of the corporation; that is, the managers and directors of the corporation must put the interests of the shareholders above all other interests. This means that if a CEO or board wished to give donations to a charity, other shareholders can sue and claim that such an action is not in "the best interests of the corporation." The Supreme Court opened the door to a very greedy corporate culture. Over time, corporations grew into large monopolies sometimes gaining 90 percent of an industry's market. Part of their success relates to our federalist system in which every corporation chooses in which state it wishes to i
November 5, 2022 "When her husband was taken hostage, she found her voice." PBS has released a story about the wife of one of the Americans taken hostage during the Iranian hostage crisis of 1980-81, and it was titled - " When her husband was taken hostage, she found her voice." There is an implied assumption that she was quiet before this. I wonder if any journalist would have written that statement about a husband whose wife had been taken hostage. I don't think so. Our culture still makes the assumption that somehow a woman in marriage loses something. That somehow she is passive. This woman was a wife, a mother and a teacher. She has always had a voice. She may not have been active in the public arena but most people, male or female, are not. She clearly led a very active life before the horror of the hostage situation. What if the opening had said, "When her husband was taken hostage, she used the media to fight for her husband's freedom."