bsmall2Mar 3
> A century ago, corporations were granted the rights of persons by radical judicial activism, an extreme violation of classical liberal principles. They were also freed from earlier obligations to keep to specific activities for which they were chartered. Furthermore, in an important move, the courts shifted power upward from the stockholders in a partnership to the central management, which was identified with the immortal corporate person.
https://chomsky.info/roguestates07/
#RogueStates #TheCorporation #ImmortalPersons #LegalPersons
#NoamChomsky
Socioeconomic Sovereignty, by Noam Chomsky (Excerpted from Rogue States)

The Noam Chomsky Website.

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🧵 > Those.. familiar with the history of Communism will recognize.. this is.. similar to the process.. taking place at the time.. as predicted,.. by left-Marxist and anarchist critics of #Bolshevism..like #RosaLuxemburg warned.. centralizing ideology would shift power from working people to the party.. the central committee, and.. maximal leader, as happened very quickly after the conquest of state power in 1917.. destroyed every residue of socialist forms and principles... #SocialistForms #SocialistPrinciples #Chomsky
Mar 4 at 12:46amWeb