…influence the government which negotiates with them; but Unlimited and secret corporate political campaign contributions are necessary to democracy because they enable corporations to influence the government which regulates them….
by Linda Beale WaPo (inaccurately?) reports consensus forming on deficit crossposted with Ataxingmatter The buildup in the corporate media supporting the corporatist wishlist on budgeting is growing. First there was…
…seems to be a shill for corporate managers and owners–is at it again, claiming that US businesses “are paying the second-highest corporate tax rate in the world.” That’s misleading at…
…are backed by real, existing profits. As it turns out, the jobs created over the last several years are backed by record levels of corporate profit. From 2001 to 2005,…
If you are reading this: So what explains the advantage gained from locating production overseas? The most powerful factor appears to be taxes. You might feel the need to rebut,…
Via bgreer comes this Washington Post story: For the past three years, the Air Force has described its $30 billion proposal to convert passenger planes into military refueling tankers and…
…little niche of economic data that had intrigued me in the past: US national income accounts/accounting. This time I’ll look at national income, specifically corporate profits – I’ve written about…
[The] conception of corporate personhood has profound and beneficial economic consequences. It means that the obligations the law imposes on the corporation, such as liability for harms caused by the…
…Responsive Politics reports that FedEx has been the largest single corporate political donor over the last fifteen years. It has handed out a total of $21,409,229 in political contributions since…
…education campaign on this. Especially now, in response to Scott Walker. Key to this is to point out that the food stamp program is, to a surprising extent, corporate welfare—to…