by Thea Michailides
In the U.S., multinational corporations have become “favored citizens” protected by the state. Tensions between individuals and interest groups mount and serve as a convenient distraction from the fact that politicians and government no longer have any need for, or interest in, individual citizens. Corporate “bailouts”, “too-big-to-fail” corporations, Citizens United vs. FEC, outsourcing protections, as well as numerous other examples illustrate how the state is placing the interests of corporations above individuals. Within the U.S., corporations have used their tremendous economic power as political leverage to further this growing trend.
Politicians and PACs are financed primarily (if not exclusively) by corporations and economic elites whose interests are therefore prioritized. Proposals based on bold, common-sense strategies for change that offer potential solutions for improving the current economic climate seem to be buried from the public eye by Conservative/Republican interest groups. The financial power of these corporations is enhanced when the state is weakened by debilitating deficits and political turmoil; our current domestic situation is a prime example. Continue reading