It’s time to restore corporate power to the people by blasting through the myths about how corporations should be run, and for whom.

This article, by an economist who specializes in corporate wealth, with two talented journalists sitting-in, absolutely destroys one of the most enduring and rapacious myths to be found anywhere: that public corporations are market-driven examples of "free enterprise" at work.

I was planning on doing a kind of explainer site on just this topic this year, so this article landed at just the right time, and in just the right place: my laptop. It's absolutely required reading for anyone who has never fully understood just why "public" corporations behave like private ones, and are so beholden to their shareholders, board members and senior management, many of whom live way up there atop that cherished 1%, and mostly at the expense of all of the rest of us.

Unfortunately, while chock full of important facts and historical sound bites,like so many other articles of its type, it is fatally flawed in the remedy department. Such works do a reasonably good job of diagnosing a problem, but any attempt at even guessing about remedies is relegated to afterthought; something left to those mysterious "other voices" we never seem to hear much from.  The authors toss in a smattering of events or movements like May Day and Occupy Wall Street as things we can do to fight back against this contemptible state of corporate hegemony run amok. All of them romantic, perhaps, but ridiculously timid when not already proven to be woefully ineffectual. Perhaps the authors are writing a book and saving the juice for later.

Since authors of their caliber can't afford to spend too much time truthtelling, we really need to find a way to crowd-source intelligent discourse about our problems.The cost of producing human knowledge is high, and the cost of distributing that knowledge is even higher. All the free Internet in the world won't provide the promotion and awareness of the important words and ideas that need widespread exposure.

And so long as nothing is doing that, the people who profit from our collective ignorance and inaction will thrive. At least until the entire system breaks down completely. And that, I fear, is a day not too long in coming if we don't find ways to channel our anger into effective social action that can do even the simplest of complicated things. Things like regulating about 900 massive Public corporations to reduce their self-serving ways as they are so well described in this article. It would be a nice start. And we need a nice start. No, I mean we really need a nice start.

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See important update at the end.

Forgive my link-baited title, but it was just as contrived, gamed, and inaccurate as this one from Paul Farhi in today’s Washington Post:

Limbaugh sees heat over comments turn down to a simmer

That awful bit of non-reporting spawed these (and other) derived items from so-called “journalists” sucking down free content, with no fact checking whatever:

Rush Limbaugh Is Doing Just Fine

Then of course, we have this gem from Rush’s #1 astroturfed professor at Cornell Law, @leginsurrection, who was all too happy to use the crappy reporting from the so-called “Liberal Washington Post” (owned by arch-conservative, Donald Graham).

#StopRush turns into #MediaMattersStopped

And finally, never to be outdone in the lame department, the DailyBeast jumps in:

Advertisers Stick With Limbaugh
 

Now of course, paid flacks like Cornell’s “Professor Jacobson” are expected to use any kind of drivel the MSM writes to support their astroturfed hysteria.  But the Post and the Atlantic wire? This kind of reporting is absurd, and a prime example of why our media (and nation) are such a mess. 

Since the Washington Post cannot even manage a typical permalink  to specific comments, I have posted my response to Farhi’s reckless reporting here so you don’t have to scroll through 1000 comments to find it:

 
I would like to know which of the 161 dropping or avoiding sponsors listed here http://sn.im/stoprush Mr. Farhi actually contacted. I would wager the answer is zero. If he had, he would know that the only known sponsors to “trickle back” are a single regional sponsor that Rush’s PR flack, Brian Glicklich had CLAIMED wanted to come back (TheSleepTrain) in an LA Times puff piece, and TaxResolutions, a company that never really stopped to begin with (they just said they did to milk some free attention from Twitter). 
 
That’s it. And readers will note that virtually no research of any other kind is indicated in this article. This kind of reporting is merely passing along Premiere’s propaganda. And it does so with almost nothing but conjecture and suppositions based on what the author was obviously told, and not what he himself investigated. Farhi simply absorbed a robust spin-spew of misdirection from Limbaugh and/or Premiere which we have seen coming from his bots and paid proxies all week. Yes, the author called Carusone, and probably spent all of 15 minutes with him to pretend he was actually doing journalism. Anyone who knows Carusone’s efforts knows that what is said here is barely a fragment of the facts concerning this campaign, which can be heard more fully on any of his many radio interviews. In short, this is article comes off as a thinly-veiled PR favor to ClearChannel, a major media corporation which probably has many overlapping relationships with the Washington Post and/or its advertisers. 
 
It is also important to note that while sustaining any “outrage” can be challenging, this StopRush campaign has also coincided with the Trayvon Martin case, which has sucked the oxygen out of most stories emanating from the left in the past two weeks, so naturally some cooling of engagement would be evident. But as someone who sees the engagement of volunteers very close-up, I can tell you that the women, men, and families that Rush has offended aren’t going away, nor are they forgetting his egregious and vile remarks about Sandra Fluke in particular, and women in general. They are simply sharing their passions with other important issues of conservative hatreds which Rush can take great pride in nurturing in today’s America. They are not backing off or backing down. 
 
Mr. Farhi, please do just a bit of homework and update this story with real facts that you have actually verified, and not the convenient and self-serving spin of ClearChannel or their proxies. In short, do your job. 
 
Thank you.

Posted at 11:10 on 3/29/2012

Note: A look through the comments of that post will reveal literally dozens of astroturf bots, come of them posting at least 10 times. The WaPost makes no effort to screen such astroturf, nor even limit it to one or two comments per article. Thus, the astroturfers ensure that their gamed spew will always turn up in the list of most recent comments.

Update

In my haste to respond to the Washington Post, I neglected to point out that the author DID update his story. He removed a completely erroneous misquote where he claimed that Carusone had said “only 5 sponsors had dropped the Limbaugh show.” In fact, Carusone tweeted that after correcting them, the author updated the post and simply deleted the entire misquote. This was more shoddy journalism. The entire premise of the story—now so widely repeated—revolved around that one ludicrously sloppy misquote. The Post should have posted the words “Updated,” and corrected it. They still should.

Please visit http://sn.im/stoprush for more news and information about the #stopRush effort.

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An old and dear Candian friend of mine wrote this to some of his inner circle.  I thought I'd share,

 

Dear Americans,
 
We have been so entertained over the years by your television broadcasts, but never more so than the past few months with your election primaries. We find ourselves huddled by the TV each night, eagerly awaiting the next installment of the epic drama “Republicans! The Never Ending Story!”  It has everything needed for good television: A changing cast of absurdly unlikely characters, imagination-defying plot twists, hubris, fear and righteous indignation, with dialog that ricochets from inane to silly to terrifying to eye-wateringly funny — often in the same clip. Brilliant!
 
 So keep it up. But when the second season begins in the fall, try adding some more characters. Someone of colour, maybe. Or female. Or — yes! — an alien from another planet. Sure. That’s it. And keep airing episodes every night. It’ll be riveting. And you can be sure your neighbours here will be watching — from a safe distance.
 
 Thanks,
 
 Your Canadian cousins

 

He's not the only Canadian to express such sentiments, of course.  Here's Globe and Mail's Jeffrey Simpson:

Watching a once-great party circle the drain