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by bluedanieru 4902 days ago
>Can they say that Newspapers that are owned by corporations don't have complete freedom to publish what they want? Let's say they passed a law saying no corporate political speech within 1 month of an election - would that mean no New York Times endorsements?

Yes, that's exactly what it means! We do the same thing with unions, and with religious organizations that are tax-exempt. What makes corporations so special?

You are, of course, always free to decline the privileges granted to a corporation. Draw up some contracts between you and your partners and write whatever you want, whenever you want. If your newspaper is guilty of libel, you may be liable for that. If your newspaper goes bankrupt and owes money all over town, you might be on the hook for it personally. Accept that in the course of securing privileges natural persons do not enjoy, your corporation may be asked to give up rights that natural persons possess.

Much like patents and copyright, corporations are a legal fiction, invented by society, for the benefit of society. On all three counts, the balance of power has shifted heavily in favor of patent holders, copyright holders, and corporations. This does not indicate some natural law, but rather corruption in our own governments.

1 comments

I don't really disagree about the shift in power, but it doesn't have anything inherently to do with the structure of corporations (liability shield, "person", tax status). If you want to disallow corporations from political donations, then you are blocking 1000's of small businesses from having a voice while allowing billionaires like David Koch and George Soros have unfettered access to politicians. Whatever your particular concern is rooted in, there is probably a general solution (e.g., public financing of campaigns) other than singling out corporations which are a useful and diverse group of entities.
Again, there would be nothing stopping the owners of those small businesses from donating to political campaigns, and fully exercising all of their other rights.
Then why do you care if they do it through their corporation?