By the time a hostile takeover is actually taking effect, lots of prior work has already been done in the background to ensure it has the best chance of succeeding. The basic structures likely stay the same, such as how a PayPal casino would still process withdrawals and payouts with PayPal as one of the methods.
And yet we still have these situations where big corporate players and governments are trying to make new rules and regulations with the hopes that they actually will be implemented by individuals. But the reality is that big business is a powerful force in every aspect of society. And it’s hard to imagine things changing much when large parts of big business are heavily invested in lobbyists, think tanks, politicians and lobbyists for that matter. And I doubt that we can see any major changes on the horizon without them actively participating in a major effort to get the system under the most control that they can.
Corporations operate in our society with the responsibility that they will indeed act with integrity toward their shareholders and the public at large, that they will act in the public interest, that they will act in the national interest and that their boards of directors are going to have in mind that in the interests of the shareholders and the public at large. We have to make sure that these individuals are getting the attention of the shareholders and the public at large as they ought to, if there is to continue to be these types of companies in this country. We have no control over the boards.
The biggest corporations have a responsibility to facilitate corporate social responsibility programs that are to the benefit of the masses. The goal of corporate social responsibility has been articulated before. The Green New Deal was one of the most ambitious corporate social responsibility programs to date. It was conceived by President Lyndon Johnson and he envisioned it as a major part of his legacy. The Green New Deal was the product of a long campaign by the United States Chamber of Commerce and other powerful corporations. The idea was to create public policies that were a model for other businesspeople to follow.It worked well. Corporate philanthropy is now a major source of corporate social responsibility money, and the Green New Deal was a major success.
We must continue to do our part in fostering an improved understanding of corporate philanthropy among policymakers, the media and the general public. We must not ignore the role of companies in society or the public-private partnership. As with government at all levels, companies must play their part in our future prosperity and in creating a more just and democratic world.Incorporation plays an important role as a powerful force for innovation, entrepreneurial opportunity and corporate social responsibility. As such, corporate philanthropy is a powerful, powerful and important tool in making the world a better place to live, work, and invest. It is also a key element in ensuring that the public is best served by the public’s investment in and control of our society’s most essential and vital resource its capital.