U.S. Supreme Court: Republicans – 19, Democrats – 8

Republicans - 19 and Democrats - 8 That's the number of Supreme Court judges appointed by each party since the end of World War 2. That's a difference of +11. If we're keeping score, the Republicans are annihilating the Democrats in the Judicial branch of our government. Have the Republicans simply been luckier? Maybe, but …

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Milton Friedman on the Social Responsibility of Business – To Increase its Profits!

Hi, Recently, I wrote an article titled Examples of the Inherent Corrupt Nature of Corporations quoting Bakan's conclusion that corporations are inherently corrupt because they are legally bound to place profit over everything, even the public good and provided relevant and timely examples in support. I've also written a few articles criticizing corporate hegemony: Under Oath, …

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A Brief History of Citizens United and Corporate Power

Let's talk Citizens United and Corporate Power. Citizens United is a symptom of a bigger, longstanding threat: for decades the largest corporations have been building power over our political process. The 1960s and 1970s were some of the most trans-formative years in American history. The 1960s saw the rise of social movements across the nation …

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The Minsky Moment and the Inherent Flaws of a Free Market Economy

Hyman Minsky was an American economist and a professor of economics at Washington University in St. Louis. Minsky spent his life on the margins of economics but his ideas gained currency with the 2007-08 financial crisis. To many, it seemed to offer one of the most plausible accounts of why it had happened. Minsky wrote …

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Noam Chomsky on How Businesses Sought to Destroy the Democratic Movements of the 1960s

Democracy Now! JUAN GONZÁLEZ: I wanted to take a—ask you to talk about a section of your book, Requiem for the American Dream, where you talk about this famous Powell Memorandum that Justice Powell sent to the Chamber of Commerce and to others, major business groups, in 1971, where he said that business is losing …

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The Powell Memo: A Call-to-Arms for Corporations

From Bill Moyers: http://billmoyers.com/content/the-powell-memo-a-call-to-arms-for-corporations In this excerpt from Winner-Take-All Politics: How Washington Made the Rich Richer — and Turned Its Back on the Middle Class, authors Jacob S. Hacker and Paul Pierson explain the significance of the Powell Memorandum, a call-to-arms for American corporations written by Virginia lawyer (and future U.S. Supreme Court justice) Lewis Powell …

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The Powell Memo – Full Transcript

Introduction In 1971, Lewis Powell, then a corporate lawyer and member of the boards of 11 corporations, wrote a memo to his friend Eugene Sydnor, Jr., the Director of the U.S. Chamber of Commerce. The memorandum was dated August 23, 1971, two months prior to Powell’s nomination by President Nixon to the U.S. Supreme Court. …

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