© Eric R. Pianka
"Corporations have been enthroned and an era of corruption in high places will follow . . . until all wealth is aggregated in a few hands and the Republic is destroyed." -- Abraham Lincoln
Some of Earth's greedy enemies can be identified: overpopulation, banking and economic systems, insurance companies, and corporations (especially big oil), to mention a few.
We have designed an economic system that has allowed greed to explode. Corporations now exist solely for whatever profits they can make and as such, they are inherently greedy at heart. Corporations have no conscience and because they are not people, they do not qualify to have constitutional rights despite the Supreme court's Citizens United decision that recently gave them such powers (indeed, America no longer enjoys a democracy but with that court decision, it has become a corporacracy).
Corporate executives are paid obscene salaries and are not personally liable for activities they oversee. Corporations control politicians, who pass legislation that allows tax evasion and assures obscene corporate profits. They may well also control judges. Our Supreme Court's absurd ruling gave corporations unlimited power to buy politicians. Corporations cannot be abolished because we can't live without them, but we must find ways to restrict corporate privileges. Obscene CEO salaries should be a thing of the past. CEOs should be held liable and should pay exorbitant taxes. Corporations should not be allowed to evade taxes by moving offshore. Corruption in corporations must no longer be allowed -- we cannot allow them to own our judges and politicians, and politicians must become more responsive to opinions of average citizens. Executive and political privileges must be eliminated. Politicians should not enjoy all the special perks they have given themselves -- they should have the same health insurance as the rest of us and should ride in tourist class alongside us in airplanes.
Our culture has institutionalized runaway greed as illustrated by the stock market: it is designed to assist Wall Street executives to profit from small investors who buy shares of corporate stocks hoping to grow their investment. Instead, each time the market crashes small investors lose while larger investors manage to gain at their expense.
With amazing prescience, in 1864 Abraham Lincoln said, "corporations have been enthroned and an era of corruption in high places will follow . . . until all wealth is aggregated in a few hands and the Republic is destroyed." He also said "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
Nace, T. (2003). Gangs of America: The Rise of Corporate Power and the Disabling of Democracy. San Francisco, Berrett-Koehler Publishers, Inc.
Last updated 26 June 2014 by Eric R. Pianka