A Delaware city is set to give corporations the right to vote in elections
A Delaware city is set to give corporations the right to vote in elections
Seaford, where 340 people voted in the last election, could open the process to 230 corporate entities.
This is insane
When corporations get inprisoned for commiting crimes maybe then i would think let them voting could be good.
Democracy is hanging by a thread and this is essentially a diamond tipped blade heading straight for it
Maybe my little caveman brain just can't comprehend this, but in my head, this is so simple a kid should understand. Corporations have owners, and those owners already vote. Why should they get a second vote? That doesn't make sense to me.
Which is also why corporations shouldn't be able to give money to political causes. If my ceo wants to donate to some politician let him. But he shouldn't get to do that and also direct company funds there as well.
So if corporations are people and can vote, can they be charged with crimes like murder?
No, don't be silly. Only poor people can commit crimes. ^/s
Isn't it possible for one person to create multiple LLCs? Hence being able to vote multiple times?
Yes. This is possibly the whole point.
At that point... they could just make it official and say "$1 net worth = 1 vote".
It's not like reality is that far from that already, when "1 person = 1 vote" can only cast their vote on a representative financed by someome with large enough net worth, then discard a bunch of "1 person" votes, and end up with "1 representative = 1 vote" who can further be lobbied based on someone's or some company's net worth.
Sydney Australia allows businesses to vote in local elections. Businesses get 2 votes, humans get 1. So you don't even need to own multiple companies to have an advantage over the commoners - it's built right into the system!
In my humble opinion, just as "no taxation without representation" is a thing the gov should abide by; "no representation without taxation" is probably good too. If these company's want to vote, have them pay 50% of all the money they every make to taxes.
Actually, not even then. If they want to vote, even if they paid 99% of their profits towards taxes to vote it would be a bad idea.
Any entity that cannot be executed or imprisoned does not have to navigate the same fears and dangers of citizen beings.
Corps as persons is one of the most monstrous ideas ever. Yes, legally it made some things easier, but we see the outcome.
The whole idea and rules regarding incorporation needs to be revamped from the ground up.
You have no criticism from me on this. Companies either should have no say in politics at all, or a whole shit ton of actual, meaningful penalties for abuse if they do.
I would consider it if owners were punished for all crimes committed by the company by any member. And not by fines.
The government already doesn't abide by that principle. Votes cast by people in left-leaning areas count for a small fraction of what votes cast in right-leaning areas count for. Those convicted of a crime may not vote at all. Nor those without citizenship. Yet all of these groups pay taxes.
If taxation without representation were generally considered revolution-worthy, as it once was, there would have been a revolution decades ago.
Tax them as an individual.
I'd say tax them equivalent to all the individuals in the company combined. If there's a 1000 employees, charge them the same you'd take 1000 people all at once. Then maybe triple it to account for the fact that they amplify the efforts of those people many times over.
If an entity is not subject to the legal restrictions of an individual, it should not benefit from the legal rights of an individual.
Yeah, pretty much.
We continue to inch closer to full-blown corporatocracy. We've all watched and read enough cyberpunk to see where that leads.
With Keanu Reeves blowing up a skyscraper?
Hopefully, but sadly no. At least not yet.
Not American, but is that even constitutional?
With this SCOTUS constitutionality no longer matters.
It doesn't feel constitutional, but you can make any law as long as no one takes you to court.
Not American, but wondering how easy it is for foreigners to control US corporations.
It's extremely easy, and I believe this bill also allows for them to vote by proxy, which exacerbates that concern. But on the other hand, they do need to own property, so it isn't a totally costless endevour.
What an absolutely awful idea.
Until corporations can be incarcerated or sentenced to death, they should not be given the right to vote.
Seaford, Delaware, is so open-minded, their brains have fallen out.
Well, time to register 5000 new corporations in that town.
This is just about the dumbest thing I've ever seen. Corporations should never have been granted any rights in the first place, and here's Delaware, already giving corps a vote and trying to expand it. This is pants on head level stupidity.
Wow I really hate living here.
What a stupid idea. Welcome to the neo digital feudalism age. We need to make proprietary goods illegal and start a jihad level campaign against corporate participation in politics.
What - and I cannot emphasize this next part enough - the fuck
I'm not too surprised. The City of London does the same.
For clarity's sake, I think it's worth pointing out that you're talking about the City of London, the 1 square mile with a population of under 10,000.
And Seaford, Delaware also has a population less than 10,000.
But I agree it is important to clarify which of the two Londons I'm talking about.
The vast majority of businesses headquartered in the state, including two-thirds of Fortune 500 companies, don't have a physical presence there.
What.
That's an error (or a typo). Those companies aren't "headquartered" there, but they are incorporated there.
The typical large American public company is incorporated in Delaware, with their stock listed on an exchange in New York, and headquartered wherever they actually do their business: San Francisco or Houston or Chicago or Atlanta whatever. Delaware and New York monopolize their respective segment of the business of the administrative paperwork of being a registered company. As another example, older companies that have physical stock certificates mostly have them locked up in a vault in NYC, with the ownership of the certificates just changing over in a ledger with every stock trade (millions per day) without the actual paper certificates being touched.
Despite my reaction, I do recall hearing a tax dodge involving hundreds of international companies being "headquartered" in this one tiny building somewhere. I'm pretty certain there's some legal and financial chicanery where "headquartered" might not be a typo.
This sounds like the stupidest idea I've ever heard (so far, who knows what else will they think of).
Sounds about right for Delaware. There's literally more corporations registered there than people.
This'll end well, I'm sure....
oh so like how the trade federation has a senate seat in the prequels. totally makes sense guys /s
Is it bad that I thought was already the case post Citizens United?