Reply #4: Is There a Law? [View All]

[On the Road]

It's a truism or a rule of thumb. But corporations can pretty much do what they want within the law as long as the board and the shareholders agree.

I agree with the basic point that there is a problem when so much of society is dominated by organizations whose overwhelming motive is their own profit.

I would really like for some candidate to propose some legal changes empowering nonprofit corporations. There are many organizations from traditional hospitals to AAA to museums to schools to credit unions that are not organized on a traditional profit-making model. And in many cases they are better for the country and the average citizen.