Information
State
Delaware
We need a constitutional amendment. Unregulated political spending by corporations is inconsistent with both corporate law and the Constitution. We all lose when political spending tilts the playing field even more against ordinary, human Americans. It is particularly disturbing when corporations use their massive wealth — which was not intended for this purpose — to outgun labor, environmental, consumer, and civil rights organizations in the political process to tilt the playing field against the ability of workers to unionize and other priorities crucial to the actual worker-investors whose savings they control. Shareholders and our economy also lose when the focus of corporate management shifts from legitimate, productive ways to generate sustainable wealth and toward rent-seeking.