History of Corporatocracy

	Revision 14 . . November 30, 2001 3:21 am by Egern [Various changes]
	Revision 13 . . (edit) November 17, 2001 6:36 am by (logged).191.188.xxx
	Revision 12 . . November 13, 2001 11:35 am by Damian Yerrick [evidence of soft money corporatocracy]

---

Difference (from prior major revision) (no other diffs)

Changed: 1c1

Corporatocracy (or Corporocracy) is a perjorative term coined by proponents of anti-globalisation? to describe a government bowing to "pressure" from corporate entities.

Corporatocracy (or Corporocracy) is a perjorative term coined by proponents of the anti-globalization movement to describe a government bowing to pressure from corporate entities.

Changed: 3c3

The term has no real meaning in terms of [political theory]?, as a corporation is nothing more than a body of individuals, ruled by an elected governing body and executives appointed by that body. The government of a corporation is beholden to serve and satisfy its shareholders.

Critics of this term argue that the term has no real meaning in terms of [political theory]?, arguing that a corporation is nothing more than a body of individuals, ruled by an elected governing body and executives appointed by that body. The government of a corporation is beholden to serve and satisfy its shareholders. However, others point out that pursuing the overriding shareholder interest in corporate profitability generally guides the actions of corporate governing bodies, and it is in the pursuit of this interest that corporations exercise their financial and marketplace power in order to influence public policy.

Changed: 5c5

However, while anyone can become a shareholder in principle, in reality it is frequently only the wealthy who can afford to own enough stock to directly influence the voting (and hence the activities) of a corporation. Hence the term "corporatocracy" might be considered somewhat synonymous with plutocracy, the government by the rich.

It is also true that while anyone can become a shareholder in principle, in reality it is frequently only the wealthy who can afford to own enough stock to directly influence the voting (and hence the activities) of a corporation. Hence the term "corporatocracy" might be considered somewhat synonymous with plutocracy, the government by the rich.

Changed: 9c9

One point to note is that a real corporocracy can only appear when (and if) a government makes it legal to bribe politicians.

Some would argue that a real corporocracy can only appear when (and if) a government makes it legal to bribe politicians.

Changed: 11c11

Many people in the United States believe the allowance for [soft money]? contributions has created such a situation and view the contributions that prompted the Sonny Bono Copyright Term Extension Act and the Digital Millennium Copyright Act as evidence.

Many people in the United States believe the allowance for [soft money]? contributions has created such a situation and view the contributions that prompted the Sonny Bono Copyright Term Extension Act and the Digital Millennium Copyright Act as evidence. Also, many argue that when the major media outlets are controled by large corporations, access to information tends to become limited to what serves corporate interests, and corporate interests in turn are able to define the national political agenda.