Members of Generation Y are shunning large corporate companies in favor of startups and small businesses. They’re an entrepreneurial group, highly versed in social media, and prefer freedom and flexibility over big corporate policies.
In a recent poll by the Pew Research Center, 77 percent of Americans said too much power is concentrated in the hands of a few rich people and large corporations. In a poll by Time Magazine, 86 percent of Americans said Wall Street and its lobbyists have too much influence in Washington.
And 80 percent of Americans oppose Citizens United, the pro-corporate Supreme Court ruling that turns two years old today. Eighty percent — that’s among Republicans, Democrats, and Independents.
Some say corporations have such a strong grip on politicians and big media that it is impossible to challenge them, no matter how many of us there are.
But I believe we can do it. In the past few months, YES! Magazine has been researching ways that ordinary people can challenge corporate power (look for strategies in our spring issue, out in February). And we found that there are actually a lot of tools at our disposal..
USAA, CVS Caremark, Costco, UnitedHealth Group and Berkshire Hathaway are among the few multi-billion dollar American corporations that actually pay their fair share of taxes and don’t hide their money offshore.
…if you combined the federal tax receipts of just these five corporations, that accounts for more than $7 billion. Theoretically, that money paid for 175,000 teachers at $40,000 a year, or for the guaranteed healthcare for sick and injured 9/11 first responders outlined in the Zadroga bill.