Sotomayor on Corporations

http://www.futureofcapitalism.com/2009/09/sotomayor-on-corporations

One of the notes we have been sounding around here is that, "there's a risk that attacks on crony capitalism or on corporations subsidized by the government will end up souring Americans on firms that happen to be organized as corporations. Many of those corporations employ a lot of people, make useful products and pay taxes." The Wall Street Journal has now picked up on the possibility of a legal push against corporations by the newest Supreme Court justice, Sonia Sotomayor, reporting on a recent oral argument in which she suggested that "the court should reconsider the 19th century rulings that first afforded corporations the same rights flesh-and-blood people have."

We told you that Associated Press article depicting her as having been "a partner in a corporate law firm" was fishy.

by Editor  |  Sep 16, 2009 at 9:11 pm receive the latest by email: subscribe to the free futureofcapitalism.com mailing list