Strypey
@strypey@mastodon.nzoss.nz  ·  activity timestamp 3 months ago

"One does not see rising employee income as a measure of corporate success. Indeed, gains to employees are losses to the corporation. And this betrays an unconscious bias: that
employees are not really part of the corporation. They have no claim on wealth they create, no say in governance, and no vote for the board of directors. They’re not citizens of corporate society, but subjects."

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

#corporatism
Strypey
@strypey@mastodon.nzoss.nz replied  ·  activity timestamp 3 months ago

"I suggest 6 principles for economic democracy, mirroring the 6 principles of economic aristocracy:

1. Enlightenment: Because all persons are created equal, the economic rights of employees and the community are equal to those of capital owners."

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

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#EconomicDemocracy
Strypey
@strypey@mastodon.nzoss.nz replied  ·  activity timestamp 3 months ago

"2. Equality: Under market principles, wealth does not legitimately belong only to stockholders. Corporate wealth belongs to those who create it, and community wealth belongs to
all.

3. Public good: As semipublic governments, public corporations are more than pieces of private property or private contracts. They have a responsibility to the public good."

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

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Strypey
@strypey@mastodon.nzoss.nz replied  ·  activity timestamp 3 months ago

"4. Democracy: The corporation is a human community, and like the larger community of which it is a part, it is best governed democratically.

5. Justice: In keeping with equal treatment of persons before the law, wealthy persons may not claim greater rights than others, and corporations may not claim the rights of persons."

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

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Strypey
@strypey@mastodon.nzoss.nz replied  ·  activity timestamp 3 months ago

"... as Michel Foucault observed, ideas are mechanisms of power. 'A
stupid despot may constrain his slaves with iron chains', he wrote, 'but a true politician binds them even more strongly by the chain of their own ideas'. If we are to build a new order, we must build on the base of ideas.”

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

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Strypey
@strypey@mastodon.nzoss.nz replied  ·  activity timestamp 3 months ago

"Although it is a revolution we aim for, I suggest it will be a bloodless one, fought not at the barricades but in the press, the legislatures, and the courts. It will be (r)evolution—in other words, evolution. This means our ideal path to change should be both innovative and conservative, daring to build anew even as we preserve much of the old."

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

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