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06/28/2010

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Mike V

I would argue that this has it backwards. The fact that corporate interests have bankrolled Obama is no indication that corporations are progressive; on the contrary, it is simply an indication that the Democratic Party is just as much in bed with corporate interests as the Republicans are.

As a Californian, I can note that when Willie Brown took half a million dollars in 2005 to serve as a consultant for Big Pharma regarding two California ballot initiatives, he was a Democrat who gladly sold his services to oppose consumer interests in favor of corporate interests. He then chaired the California Democratic party convention the following spring in 2006. His prostituting himself to big business was so not inconsistent with where the Democratic Party is today in relation to big business that the party had no problem giving him that position.

Some corporations can occasionally act in a progressive direction; for example, a solar energy company might support policies that would try to work towards an environmental policy that would wean us from Big Oil. But beyond those individual case, when taking a broader view, ultimately, corporate interests about making a profit, and that profit imperative runs counter to the interests of the people. As long as political parties take corporate money, those parties cannot stand for our interests.

There is a good reason for being pessimistic, since both major parties embrace neo-liberalism, globalization, and free markets, and thus both major parties support the interests of the corporate ruling class.

Steve Shiffrin

Mike, thanks for the comment. With the exception of the first sentence,
I agree with all of it. On the other hand, there is abundant evidence
that many of the billionaires supporting the Democratic party are
progressive. In addition, the lack of homogeneity of corporations does
increase the chance that some part of the money will be supporting (by
accident) the common good. But I agree that the Democratic Party is
beholden to corporate interests. If there is a Californian to be

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