[Nathan Newman]

----- Original Message -----
From: "Doug Henwood" <dhenwood at panix.com>
>10. Strengthen investor-shareholder rights, remedies and authority over
>managers and officers and boards of directors so that those who own the
>companies also control them.
>  http://www.citizenworks.org

-Wow. Thanks for pointing this out. Ralph moves from the petit
-bourgeoisie to promoting the interests of big rentiers, while using a
-rhetoric of democracy. Nice trick.

To be fair, shareholder litigation is a major tool by unions and others to
mess with management and extract concessions in other areas-- all part of
corporate campaigns.  The capitalists fight such accountability rules tooth
and nail -- they spent hundreds of millions weakening them in a statewide
initiative a few years ago in California -- so it is hardly taking the side
of the capitalists to support those rules.

Big capitalists don't need lawsuits to enforce their power-- they have the
cash to do it.

-- Nathan Newman