How the Power Imbalance Between Corporations, Governments and People Prevents Sustainable Solutions
We seem to have forgotten is that corporate entities are a creation of government — and “.” In truth, each and every corporation should be required to have a public purpose clearly stated in its charter, which is then held accountable by the governmental authority that issued its charter in the first place. But what we have instead are multinational corporations that aren’t fully accountable to anyone, let alone regional governments. With this structure, everyone loses — except the corporations themselves.
“Earth is dying. A few hundred billionaires are consolidating their control of the Earth’s remaining real wealth. Racism is rampant. And violence devastates millions of lives. What is not mentioned, the elephant in the room, is that which blocks serious action on these and other critical threats to the human future: the glaring and growing global power imbalance between corporations that represent purely financial interests and the institutions of government we depend on to represent the interests of people and living communities.” 
Even though the US Army Corps of Engineers denied the permit for building the pipeline under the Missouri River last November, an executive order signed by President Trump the following January instructed the army corps of engineers to “review and approve” the project “in an expedited manner.” After the final easement was granted in late February of this year, “the move was enthusiastically greeted by Energy Transfer Partners, the pipeline’s developer. The company has said it’s ready to proceed.” [source]
In a classic business as usual, profit over people stance, President Trump — with a single signature — sent a strong message to the hundreds of thousands of American’s who have expressed their support for the Standing Rock protests: the will of the people is meaningless in the face of corporate interests. Instead of the government protecting the people, it sent local officers and militarized police from seven states to quell the protests, many times with tactics that violated human rights. It’s estimated that $8.7 m in tax payer dollars were used for ‘law’ enforcement. You can read more about the conflict and what’s at stake for the future in the article, Actor Mark Ruffalo Arrives at Dakota Standing Rock Protests as Conflict Escalates with Militarized Police.
But this is just one instance of many where corporations have run roughshod over the environment, local communities and the well-being of the public — all in the name of the mighty dollar.
To fully address this unbridled and deeply embedded problem, we need to demand that stateless, multinational corporations be dismantled and restructured as national public-purpose legal entities, prohibited from engaging in electoral politics, and each owned by and accountable to living people, who are citizens of the country in which it is chartered to do business.
Once we have laid the foundation for corporate and government accountability, living communities will have a fighting chance. We can then move towards creating a world that benefits everyone, rather than just a select few.
· ‘When Corporations Rule the World’ — by David C. Korten