Abstract

http://ssrn.com/abstract=1973942
 


 



The Supreme Court as Prometheus: Breathing Life into the Corporate Supercitizen


Robert Sprague


University of Wyoming - College of Business

Mary Ellen Wells


Alvernia University

December 15, 2011

American Business Law Journal, Vol. 49, No. 3, 2012

Abstract:     
This article examines the legal status of the corporation in light of the U.S. Supreme Court’s decision in Citizens United v. Federal Election Commission that corporations have political free speech rights equivalent to natural persons. In Citizens United, Justice Kennedy wrote that corporations were disadvantaged persons because the government had intruded upon their freedom of speech. The Citizens United majority portrays a misleading image of corporations. It is true most corporations are owned by small groups of individuals, managed by their owners, and limited in size and revenues. But what the Citizens United majority conveniently ignores is one particular attribute which has existed for at least one hundred years — that exceptionally large corporations, controlled by a handful of individuals, have amassed great quantities of wealth and power which dwarf the resources of the individual electorate, as well as the corporations’ own minority shareholders, ultimately diluting individuals’ political voice. We conclude that with its newly acquired constitutional rights, the corporation is perhaps now ready to dominate not just commerce, but the political system as well.

Number of Pages in PDF File: 52

Keywords: Citizens United, free speech, political speech, First Amendment, corporations

Accepted Paper Series


Download This Paper

Date posted: December 18, 2011 ; Last revised: January 9, 2012

Suggested Citation

Sprague, Robert and Wells, Mary Ellen, The Supreme Court as Prometheus: Breathing Life into the Corporate Supercitizen (December 15, 2011). American Business Law Journal, Vol. 49, No. 3, 2012. Available at SSRN: http://ssrn.com/abstract=1973942

Contact Information

Robert Sprague (Contact Author)
University of Wyoming - College of Business ( email )
1000 E. University Avenue
Dept. 3275
Laramie, WY 82071
United States
HOME PAGE: http://www.uwyo.edu/mgtmkt/faculty-staff/faculty-pages/sprague.html
Mary Ellen Wells
Alvernia University ( email )
400 St. Bernardine Street
Reading, PA 19607
United States
(610) 568-1442 (Phone)
Feedback to SSRN


Paper statistics
Abstract Views: 423
Downloads: 44

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo7 in 0.234 seconds