
I don't know what the solution is, but we all know what the problems are. And if people of goodwill and strong will put their heads and hearts and hands together, we can help steer the doomed Titanic of human culture out of the path of the iceberg of human greed and selfishness.
IMHO many of the problems are the direct result of the actions of large corporations, especially 'multi-nationals’.
I think the following two actions would help address many of the problems we face (and have caused). To implement either or both will be very difficult, but game-changing if done successfully.
- Remove the protection corporations enjoy as 'legal persons'. A legal person can “…sue and be sued, enter contracts, incur debt, and own property” (Wikipedia 22 July 2016).
- Remove the protection of limited liability for shareholders, partners and directors. Under limited liability, “a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership” (Wikipedia 22 July 2016).
It's not a god-given right of a corporation to be treated as a legal person. No, in fact the opposite. It's a get-out-of-jail-free card that flesh-and-blood people gave to corporations roughly three hundred years ago. Legal personhood enables corporations to enjoy the benefits of being a flesh-and-blood person, with few of the responsibilities or accountabilities.