Decorporatization

What is it?

Decorporatization is essentially the call for capital punishment for corporations.

It could also mean the exclusion of private interests from public funds and activities.

Would there be varying degrees of decorporatization?

Just like criminal law has different levels of punishment, up to capital punishment or termination of the right of a company to exist, decorporatization would represent the same scale of justice.

In fact, in many ways, this already exists. Companies around the world face fines, but the fines are nowhere near the financial gain being had at the expense of local labour forces, environmental assets and/or habitats of humans and animals.

Also, the idea of ‘punishment’ has become excessively watered down by different national governments, many of which have fallen under the influence of the corporate owners and influencers through bribes, grifting schemes and kickbacks.

Why do we need it?

Last week, Elon Musk decided the fate of nearly 40 million Ukrainians by removing satellite and communication functions from the Ukrainian military.

He claims that it was done to protect innocent people from being murdered.

So this means:

• He cares more for the terrorist Russian armies that have invaded Ukraine; and/or
• He omitted these ‘ethical’ arguments four years ago when the aggression against Ukraine started.

He’s probably also trying to cover for Trump’s / Krasnov’s sycophantic relationship with Putin, but that’s a whole other story.

If we even had the threat of decorporatization, a group of companies owned by a trillionaire would cease to exist.

The shareholders would be left with zero value to their stocks.

The physical assets would be handed over to the state / government in which the company was registered.

We also need the basic idea of decorporatization to exist in order to pressure existing shareholders and stakeholders to push their leaders to act responsibly on the world stage and in their own backyard.

The threat of losing all of your assets – retirement savings, pension allocations, etc – should be very real and very punitive financially.

People would think twice about allowing company leaders to do what they do and might actually start exercising their right to vote if they own even a few shares.

If you want to know a little more about ‘why’, consider listening to the podcast of Gil Duran’s Nerd Reich. He explores different topics associated with a small group of people that are determined to undermine democracy so that they can bring about their own control over society.

Other examples?

Facebook recently blocked social media feeds related to ‘Luna’ and allowed a flood of positive commentary related to ‘Bolsonaro’.

Interference with public elections should result in decorporatization. That includes major shareholders and senior executives giving away unprecedented levels of political donations to support parties that want to avoid taxing billionaires and who want to impose different health and safety regulations.

Are there efforts to make this happen?

Short answer, no, but there should be.

If you have suggestions about where this is taking place anywhere, please post comments below.

Is it the same as nationalization?

Absolutely not. Nationalization occurs when the state / government authorities assume control over a private entity. It continues to exist, but with the express purpose of generating revenue for the government in charge.

Where does decorporatization fit in with ecocide?

Ecocide is another grassroots movement happening right now. Organizers focus on “advancing the legal conditions for life to thrive” (Stop Ecocide International).

The two movements go hand-in-hand with the ultimate goal of holding perpetrators accountable for their actions.