Sunday, August 18, 2013

Jefferson, Smith, and Large Corporations

Although Thomas Jefferson's Declaration of Independence was written as a complaint against the King of England it really was a complaint about royal and parliamentary support of abusive crown-chartered private corporations.

Similarly, in the same year Adam Smith's Wealth of Nations warned of the corporate control of government and corporate abusiveness towards the British public.

Now we have Paul Krugman warning of the control of government by Delaware-chartered corporations and their abusiveness towards the American public.

And many of these corporations wrap themselves in the flag and Adam Smith!!!

To paraphrase "Where have all the flowers gone?" when will we ever learn?