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Draft

Target Action Plan TAP21

21 Implement Federal Charters that Require Larger Corporation and Companies Provide Quality Affordable Products, Living Wages, Limited Executive Salaries and Rapidly Transition to Full Self-Management

(Updated September 7, 2016)


Please provide proposed changes and additions to this ever-evolving e-document by email to refinetheplan@peoplenow.org

 

21.1       Introduction


This plan outlines Individual Actions required to:


It is Target Action Plan (TAP) 21 of the Global Movement and Strategic Plan for a Permanently Peaceful, Prosperous, Just, Sustainable World described at www.PeopleNow.org.


Table of Contents

 

21.1Introduction

 

21.2Purpose

 

21.3Objectives

 

21.4Actions

       21.4.2    Provide workers usable rights and improved access to the courts and regulatory agencies

       21.4.3    Provide powers for the workers, investors-shareholders who are the owners of corporations, to control their corporate executives

       21.4.4    Enforce antitrust laws and break up or nationalize cartels, monopolies, oligopolies, and giant multinationals that are deemed “too big to fail.”

       21.4.5    Fully protect whistle blowers

       21.4.6    Prevent the endless delays that corporate attorneys can inflict

       21.4.7    Provide strong, updated health, safety and economic honesty standards

       21.4.8    Legislate procedures so that when large corporation/companies exhibit harmful behavior, pollute, cause environmental disasters, federal and/or state governments can take appropriate measures

       21.4.9    Provide funds for more regulators, law enforcement officials, investigators and prosecutors

       21.4.10  “Reform and tightly regulate compensation structures of corporation executives.”

       21.4.11  “Greatly strengthen the power and political independence of regulation and white-collar criminal law enforcement.”

       21.4.12  Restrict corporate activities to those specified in their charter

       21.4.13  Prohibit these entities from depositing funds in off-shore accounts

       21.4.14  Limit the size of corporations and prohibit corporations from owning stock in other companies or purchasing other companies

       21.4.15  Prohibit U.S. corporations and similar entities doing business in the U.S. owning patents, copyrights and intellectual property

 

21.5Background


 

21.2       Purpose

 

 

 

21.3       Objectives

 

 

 

21.4       Actions:

 

21.4.1    Enact legislation that requires customized, renewable federal charters and licenses for larger domestic and foreign corporations, companies and other entities to:

 

21.4.1.1 Be renewable at five-year intervals, will be applicable to entities having over (for example) $1 million in net assets, including inventory and will take precedence over but not replace existing licensing or incorporation requirements.

 

21.4.1.2 Require they provide quality goods, products, and/or services at the least possible price while paying their employees a living wage and enough to be able to purchase the products services and/or goods being sold to the public.

 

21.4.2    Provide workers usable rights and improved access to the courts and regulatory agencies for their grievances and shift power to the people who actually generate all wealth.

 

21.4.3    Provide powers for the workers, investors-shareholders who are the owners of corporations, to control their corporate executives who are mismanaging and plundering corporate treasuries for their own enrichment.

 

21.4.4    Enforce antitrust laws and break up or nationalize cartels, monopolies, oligopolies, and giant multinationals that are deemed “too big to fail.”

 

21.4.5    Fully protect whistle blowers who expose wrongdoing to the authorities, the media or civic groups.

 

21.4.6    Prevent the endless delays that corporate attorneys can inflict on any agency proceedings that enforces the law against violations

 

21.4.7    Provide strong, updated health, safety and economic honesty standards.

 

21.4.8    Legislate procedures so that when large corporation/companies exhibit harmful behavior, pollute, cause environmental disasters, federal and/or state governments can take appropriate measures, including:

 

21.4.8.1 Revoke, suspend or do not renew corporate charters for mal-performance.

 

21.4.8.2 Replace officers and boards of directors with trustees whose mission is to stop and repair severe damage to public health and natural resources and reorganize the company’s environmental behavior.

 

21.4.9    Provide funds for more regulators, law enforcement officials, investigators and prosecutors for smarter law enforcement and sanctions that will pay for themselves many times over in fines, restorative justice payments and disgorgement.

 

21.4.10  “Reform and tightly regulate compensation structures of corporation executives.”

 

21.4.11  “Greatly strengthen the power and political independence of regulation and white-collar criminal law enforcement.”

 

21.4.12  Restrict corporate activities to those specified in their charter.       

 

21.4.13  Prohibit these entities from depositing funds in off-shore accounts

 

21.4.14  Limit the size of corporations and prohibit corporations from owning stock in other companies or purchasing other companies.

 

21.4.15  Prohibit U.S. corporations and similar entities doing business in the U.S. owning patents, copyrights and intellectual property. Section 8 of the Constitution states: The Congress shall have Power ... To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries. The U.S. pays about $300 billion a year for prescription drugs that would sell for $30 billion a year in a free market without patent protection. This means that the US wasting $270 billion on prescription drugs because of this government-imposed patent monopoly.

 

21.5       Background

 

“National charters for national corporations” were supported a century ago by presidents Theodore Roosevelt, William Howard-Taft and Woodrow Wilson.” (These words and items 21.4.1 through 21.4.9 are derived/paraphrased from page 185 and 186 of the book Getting Steamed to Overcome Corporatism by Ralph Nader.)

 

Items 21.1.10 and 21.1.11 are quoted from page 326 of the book Predator Nation - Corporate Criminals, Political Corruption, and the Hijacking of America by Charles Ferguson.

 

Also review more information in the Ted Nace book Gangs of America: The Rise of Corporate Power and the Disabling of Democracy, Berrett-Koehler Publishers 2003 (especially Table 7.1 on page 88).