Great news, people! We have a new ally in our historic battle against corporate plutocracy: Corporate plutocrats.
Yes, we’ve now been joined by the CEOs of JPMorgan Chase, Walmart, Amazon, and nearly 200 other giant corporations. They’re members of the Business roundtable (the chief lobbying front for America’s biggest corporations), and they’ve declared their solidarity with all of us by issuing a grand declaration titled “Statement on the Purpose of a Corporation.” For 50 years, that purpose has been ruthlessly clear: Maximize their investors’ profits, no matter who or what they have to run over. But now, the barons of big business are putting on a softer face, proclaiming that their “fundamental commitment” is not merely to serve shareholder greed, but also to benefit workers, reduce inequality, protect the environment, etc. It’s corporate kumbaya, y’all – solidarity forever!