Robert Monks: Corpocracy — 1 of 6

In his 2007 book, Corpocracy, Bob Monks presents a clear and strong case for making corporations accountable and responsible. The Supreme Court’s 2010 “Citizens United” decision unleashed an unprecedented flood of corporate money on the American political system. These corporations are being managed for the benefit of their managers, NOT for the benefit of their shareholder owners. As a consequence, the shareholders’ money and resources are being used in the parochial interest of managers. Shareholders are being short-changed, democracy undermined and capitalism damaged. Monks says the the means for correcting these flaws already exist and require no new legislation. What is required is the public political will to enforce existing laws.
The infamous "Santa Clara County v. Southern Pacific Railroad" Supreme Court "decision." , on which the "personhood" of corporations is based, is a fraud perpetrated by a former railroad president (Bancroft Davis) serving as Court Reporter. Presumed First Amendment free speech rights of corporations, based on that fraud, are the basis for the corporate spending unleashed during the 2010 mid-term elections in the U.S.