Accountable Capitalism....the new America

At least that's what Fauxcahontas is proposing.

enator Elizabeth Warren of Massachusetts has one-upped socialists Bernie Sanders and Alexandria Ocasio-Cortez: She proposes to nationalize every major business in the United States of America. If successful, it would constitute the largest seizure of private property in human history.

Warren’s proposal is dishonestly called the “Accountable Capitalism Act.” Accountable to whom?you might ask. That’s a reasonable question. The answer is — as it always is — accountable to politicians, who desire to put the assets and productivity of private businesses under political discipline for their own selfish ends. It is remarkable that people who are most keenly attuned to the self-interest of CEOs and shareholders and the ways in which that self-interest influences their decisions apparently believe that members of the House, senators, presidents, regulators, Cabinet secretaries, and agency chiefs somehow are liberated from self-interest when they take office through some kind of miracle of transcendence.....

Under Senator Warren’s proposal, no business with more than $1 billion in revenue would be permitted to legally operate without permission from the federal government. The federal government would then dictate to these businesses the composition of their boards, the details of internal corporate governance, compensation practices, personnel policies, and much more. Naturally, their political activities would be restricted, too. Senator Warren’s proposal entails the wholesale expropriation of private enterprise in the United States, and nothing less. It is unconstitutional, unethical, immoral, irresponsible, and — not to put too fine a point on it — utterly bonkers.

It is also cynical. Senator Warren is many things: a crass opportunist, intellectually bankrupt, personally vapid, a peddler of witless self-help books, etc. But she is not stupid. She knows that this is a go-nowhere proposition, that she will be spared by the Republican legislative majority from the ignominy that would ensue from the wholehearted pursuit of this daft program. It is in reality only a means of staking out for purely strategic reasons the most radical corner for her 2020 run at the Democratic presidential nomination. The Democratic party in 2018, like the Republican primary electorate in 2016, is out for blood and desirous of confrontation. So Senator Warren is running this red flag up the flagpole to see who salutes."

https://www.nationalreview.com/2018/08/elizabeth-warren-plan-nationalize-everything-woos-hard-left/

Anyone else see a problem with the government wanting to oversee businesses with a lot of revenue? How about they clean up their own greedy shit before sticking their hand in the business owner pocket? Laughable for a politician to think corporations should be legally required to accept the moral obligations of personhood. The next time a DC politico does that, it will be the first time.

 

There simply can not be a bigger salute to the welfare of China's industrial growth than this barf bag of ideas. When I couldn't imagine anything being dumber than NAFTA, this hits the print. What a cluster fuck.

 

That last part, corporations accepting moral obligations of personhood. Didn’t citizen’s United make it to where a corporation is a person and money is speech?

 

No! Corporations have always been considered “people” in the eyes of the law. That’s why they can be sued and fined and taxed. I think it’s another holdover from English law....though a real lawyer can elucidate.

Likewise money has long been speech for people. CU just stretched what a corporate personhood meant.

 

Can’t say it better @uscvball

 

Keep voting for democrats

 

So corporations are people that don’t have to live up to the same moral and ethical standards we are expected to live up to. Got it

 

they do have to abide by the same standards, that is why the can be sued and their leaders can go to jail

 

Then I’m missing something. @uscvball explain that last part for me where you said it’s laughable that corporations accept moral obligations of personhood.

Oh wait you’re saying it’s just hypocritical for a politician to try and hold them to that standard when they don’t hold themselves to that standard?