Public for-profit corporations in the US have to issue regular financial reports. Non-profit corporations are not obligated to do so, and privately owned companies (even very big ones) don't have to, either. — Bitter Crank
Ah, ok that explains it. In Germany (if I am informed correctly) there is no distinction between corporation and privatly owned companies. At least not when it comes to making their yearly balance public. Every company has to do it, and their balance sheet will (in a simplyfied form) be made accissable by the tax authorities. That is why i can easly assume corporations as quasi-official legal entities.
But... as legal entities, corporations should not be counted as persons or citizens. [...] There is no reason to count a 'box' as anything more than a structure. — Bitter Crank
But why should they be trated as "boxes"? Are those entities not capable of change and reason? They shape our lifes as well, as we shapes theirs. You said yourself, that they are not accidental.
Of course there is a disticition to be made. Every citizen regardless of wealth of status of employment can be politically active or
chew on Paul Ryan's ear. — Bitter Crank
:D But you said yourself, that there is a big
if, an antecedens, if you will. You need money! Because of that big if, isn't it more sensible to assume, that even so status and wealth of a person are part of his private-autonomy, a wealthy citizen can influence political officals more, than a poorer person would be able to? Wouldn't it therefore be safer to assume, that any person of considerable wealth and his political interests are of public relevance? And are therefore to be treated accordingly? The radius of impact a rich person has is far beyond any middleclass citizen can reach.
If wealth can influence politics (and we can assume it does), than wealth should be held responsible for its public stances. First then, one would need to decriminalise influences of corporations on politics, simply by creating an official channel. So they can express themselvs without fear of losing their face. And be held responsible if they don't act on their word.
An example: Mr. Levingston raises funds for an anti-child-labour campaign in the US(the fundraiser...not the child-labour). He therefore has proclaimed his political sance in that issue. But if there was evidence, that his company actions contradict his stance, the corporation should be held responsible. That way the priciple-agent-problem would be solved in a way, that it would shift legitimacy of action. Any action would then (to some extent) be legitimated not only by stake/stockholdes, but by the public.
At the moment corporations influence politics in backroom meetings, because it would invoke public outrage, they would lose coustomers and probably be in the center of a major shitstorm. By making their influence official, they could act as before, but the public would have chance to be involved.
PS:
Most of those arguments are stolen directly from Peter Ulrich's Integrative Economic Ethics