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I own some Apple stock. I don’t influence in any meaningful way how Apple spends its money. I don’t influence in any meaningful way their corporate policy.

by skh 8y ago

I own some Apple stock. I don’t influence in any meaningful way how Apple spends its money. I don’t influence in any meaningful way their corporate policy. The owners of Apple, save for a few individuals, don’t have a real say in how Apple uses its freedom of speech. Apple is not a group of people coming together in the same way political organizations are and Apple/Google/Exxon, etc. have far more money to send on political speech than any other organized group of people.

naveen99 8y ago
You can sell your shares if you think Apple is spending money that is not good for making its shareholders more money. You selling shares will have non zero impact on the market price of Apple shares.
- skh 8y ago
  I see you missed the entire point of my post.
- maxxxxx 8y ago
  The shareholder still has no input if the only option is to sell. In the same spirit a country could tell its citizens that they should leave if they don't like it here.
  - humanrebar 8y ago
    Leaving a country is a lot harder than selling some stock.
    - skh 8y ago
      But suggestions are equally effective in terms of outcomes. Both suggestions are equally pointless which is maxxxx’s point.
- tracker1 8y ago
  And Apple can have COMPLETELY open books for transparency if they choose to donate or fund political advertising and/or support. Individuals have rights. Corporations are a bargain for limited liability and should have limited rights as a result.
humanrebar 8y ago
> I don’t influence in any meaningful way their corporate policy. And donating $15 to AARP doesn't give you any meaningful influence over its positions. > The owners of Apple, save for a few individuals, don’t have a real say in how Apple uses its freedom of speech. But that's mostly true of any consumer-level involvement of any very large organization. It doesn't matter if it's Apple, Greenpeace, or the Libertarian Party. > Apple/Google/Exxon, etc. have far more money to send on political speech than any other organized group of people. Probably, but while money is helpful to getting your message out, it's not the only important things. Worse funded candidates beat better funded opponents. If anything, incumbent advantages seem more important and worrisome. But with a more principled perspective, there isn't a mechanism by which free speech rights can be curtailed just because someone is especially resourced. If so, shouldn't we also criticize white collar professional societies for doctors, lawyers, realtors, and the like? They're much more capable of lobbying than associations of dishwashers (as if kitchen staff had time and energy for that).
- skh 8y ago
  A company is not an organization of people who come together to exercise their free speech. This is especially true of large corporations. Large corporations are controlled by a few individuals and those individuals have at their disposal large sums of money. They have an outsized influence on the political process in a system that does not cap their ability to spend on political purposes. A company ought not have any free speech rights. It’s not a person and indeed is not a single individual. The free speech rights of employees and directors of a company are not in any way curtailed by limiting the ability of a company to influence the political process of a country. As I stated in my previous post the amount of money at a large corporation’s disposal far exceeds that of any other organization of people who come together to advocate on their behalf. Professional societies of doctors can’t come close to the amount of money that Apple or Google have at their disposal. The difference in money between the dishwashers and doctors is dwarfed by the difference between doctors and Apple. Countries like France and Germany are generally considered free and yet their corporations don’t have free speech rights and are limited in what they can do in terms of political spending. Before Citizens United most Americans considered America a free country and yet corporations weren’t considered to have the same free speech rights as humans. It’s been recognized by most people that money greatly influences elections and policy. Hence societies concerned about becoming oligarchies tend to have strict controls on political spending by a single individual and corporation. A corporation is not at all like a professional society of doctors or of any other group of people. It’s a matter of magnitudes of scale and differing purpose. We used to have laws against one company owning too much media and yet we felt free at the time. I’m not going to convince you to change your mind on whether or not corporations should have free speech. I’m just pointing out that corporations are, indeed, not like a professional society of doctors. A professional society of doctors is free to have a rule that members must pledge to be of a particular religion. Can a company have that rule? A company is not a group of people coming together for the purpose of influencing policy or expressing their free speech. I almost forgot to mention another thing to consider. Apple is owned in part by people living in other countries. Most people of a given country don’t want their politics unduly influenced by people who don’t live there.

by skh 8y ago

naveen99 8y ago

You can sell your shares if you think Apple is spending money that is not good for making its shareholders more money. You selling shares will have non zero impact on the market price of Apple shares.

skh 8y ago
I see you missed the entire point of my post.
maxxxxx 8y ago
The shareholder still has no input if the only option is to sell. In the same spirit a country could tell its citizens that they should leave if they don't like it here.
- humanrebar 8y ago
  Leaving a country is a lot harder than selling some stock.
  - skh 8y ago
    But suggestions are equally effective in terms of outcomes. Both suggestions are equally pointless which is maxxxx’s point.
tracker1 8y ago
And Apple can have COMPLETELY open books for transparency if they choose to donate or fund political advertising and/or support. Individuals have rights. Corporations are a bargain for limited liability and should have limited rights as a result.

humanrebar 8y ago

> I don’t influence in any meaningful way their corporate policy. And donating $15 to AARP doesn't give you any meaningful influence over its positions. > The owners of Apple, save for a few individuals, don’t have a real say in how Apple uses its freedom of speech. But that's mostly true of any consumer-level involvement of any very large organization. It doesn't matter if it's Apple, Greenpeace, or the Libertarian Party. > Apple/Google/Exxon, etc. have far more money to send on political speech than any other organized group of people. Probably, but while money is helpful to getting your message out, it's not the only important things. Worse funded candidates beat better funded opponents. If anything, incumbent advantages seem more important and worrisome. But with a more principled perspective, there isn't a mechanism by which free speech rights can be curtailed just because someone is especially resourced. If so, shouldn't we also criticize white collar professional societies for doctors, lawyers, realtors, and the like? They're much more capable of lobbying than associations of dishwashers (as if kitchen staff had time and energy for that).

skh 8y ago
A company is not an organization of people who come together to exercise their free speech. This is especially true of large corporations. Large corporations are controlled by a few individuals and those individuals have at their disposal large sums of money. They have an outsized influence on the political process in a system that does not cap their ability to spend on political purposes. A company ought not have any free speech rights. It’s not a person and indeed is not a single individual. The free speech rights of employees and directors of a company are not in any way curtailed by limiting the ability of a company to influence the political process of a country. As I stated in my previous post the amount of money at a large corporation’s disposal far exceeds that of any other organization of people who come together to advocate on their behalf. Professional societies of doctors can’t come close to the amount of money that Apple or Google have at their disposal. The difference in money between the dishwashers and doctors is dwarfed by the difference between doctors and Apple. Countries like France and Germany are generally considered free and yet their corporations don’t have free speech rights and are limited in what they can do in terms of political spending. Before Citizens United most Americans considered America a free country and yet corporations weren’t considered to have the same free speech rights as humans. It’s been recognized by most people that money greatly influences elections and policy. Hence societies concerned about becoming oligarchies tend to have strict controls on political spending by a single individual and corporation. A corporation is not at all like a professional society of doctors or of any other group of people. It’s a matter of magnitudes of scale and differing purpose. We used to have laws against one company owning too much media and yet we felt free at the time. I’m not going to convince you to change your mind on whether or not corporations should have free speech. I’m just pointing out that corporations are, indeed, not like a professional society of doctors. A professional society of doctors is free to have a rule that members must pledge to be of a particular religion. Can a company have that rule? A company is not a group of people coming together for the purpose of influencing policy or expressing their free speech. I almost forgot to mention another thing to consider. Apple is owned in part by people living in other countries. Most people of a given country don’t want their politics unduly influenced by people who don’t live there.