Guest blogger John Shannon, author of the Jack Liffey mysteries, takes on the mystery of economic inequality:
This is not a good era to be a bleeding-heart liberal — or a progressive, as many of us would prefer to be called. Yes, I admit it, I empathize with the orange-sellers on our freeway on-ramps, and with the homeless holding up their hand-lettered squares of cardboard for spare change. I feel for the fast-food workers holding down two or three jobs who were just denied a tiny increase in their minimum wage. And I even sympathize with those who hear a click on their telephone and fear the NSA is on the line, recording. Disheartening times indeed.
But just last week in a flash of inspiration I saw an incredibly simple fix to all these problems. I don’t know why it hasn’t been proposed before. Who could oppose a constitutional amendment that simply declared every person a corporation?
Think of it! Overnight, the Justice Department would be assigning teams to protect our privacy rights as corporations. We know they would, because it’s exactly what the U.S. keeps lecturing China about. That it’s perfectly reasonable to spy on governments, we do it too, and on individuals (even heads of state like Angela Merkel), but it’s unacceptable to spy on corporations. Their secrets are sacred. As individuals our secrets were fair game, but as corporations, not so much. With this new amendment, the NSA would have to be reined in or at least re-aimed overseas.
But that’s only the beginning. We’d all be corporations so we’d be too important to fail. I know, it used to be too big to fail, but we know from the Declaration of Independence that all of us (all of us corporations, remember) were created equal. So if GM and Chase Bank are too important to fail, so are you and I, so is that guy at the stoplight asking for change. Whenever any of us edged toward failure, there would have to be a new TARP fund ready to bail us out.
The banks were offered, what, $700 billion by Congress? And the Federal Reserve, under the table, offered to lend trillions if necessary, though nobody knows how much actually went out. In a new dispensation, we might need even more money than that, there’re so many of us small corporations. That could be a lot of money, of course, but getting it is the government’s problem, not ours. Perhaps they could tax billionaires, or offshore funds, or Wall Street stock transactions, or capital gains.
The working poor would be corporations, too. Since all these hard-working small corporations would need to survive, we would have to boost the minimum wage right up to something above the bottom edge of livable — like most other industrial countries. It’s $17 an hour in Australia after all, $12 to $25 an hour in Switzerland, $13 in France.
There are probably many more unforeseen benefits to making us all corporations. For instance, as we know, the Supreme Court decreed in Citizens’ United that money from corporations is identical to political speech and must be protected against any Congressional or state limitations. It’s perfectly logical then to assume that all us corporations must be guaranteed an equal vote, too.
The Supreme Court would have to protect our corporate voting rights against all the forms of voter suppression and gerrymandering going on in the so-called red states. We certainly don’t want to discourage our poorer and darker-skinned brother and sister corporations from voting. With a little imagination, I’m sure we can identify other benefits, too. Just think of all the state protections that corporations have against “frivolous” lawsuits, liability laws, environmental legislation, etc.
Of course, even this modest proposal might turn out to be controversial to some. After all, Congressional foot-dragging over a straightforward yearly increase in the debt ceiling hurt the U.S. credit rating and nearly brought down the world economy. Just in case, then, we could prepare a back-up proposal. It would follow the legacy of that grand compromise over slavery built into our Constitution — if you recall, for purposes of state taxation and voting rights, each slave was three-fifths of a person. Our backup plan could offer that each of us would be only three-fifths of a corporation. It’s not perfect, of course, like any compromise, but we’d have a lot more rights than we have now.
There’s no time like the present to get to work on a nation-saving “people are corporations” constitutional amendment.