2020 Conventions: on Corporations


Socialist Party: Wall Street criminals must be jailed

The vast wealth of the giant banks and corporations is created by workers labor and the exploitation of the world's diminishing natural resources. The billionaires looted and destroyed the economy. It is time to seize their assets and use those resources in the interests of the vast majority. Power must be taken out of the hands of the super rich, and Wall Street criminals must be jailed.
Source: PSL's 2020 Ten Point Program (2020 Socialist Convention) Aug 15, 2020

Socialist Party: Reregulation of the banking and insurance industries

We call for all financial and insurance institutions to be socially owned and operated by a democratically-controlled national banking authority, which should include credit unions, mutual insurance cooperatives, and cooperative state banks. In the meantime, we call for reregulation of the banking and insurance industries.
Source: Socialist Party Platform at 2020-2021 PSL Convention Aug 3, 2020

Socialist Party: Breakup large media companies, re-regulate industry

We support the breakup of large media companies so that no one owns more than one newspaper, radio or television station, or television channel. We call for the re-regulation of the communications industry. We call for government ownership of satellite and cable companies.

We support public funding of newspapers and magazines. We oppose all efforts to trim "fair use" rights. We call for the repeal of all existing copyright extension laws.

Source: Socialist Party Platform at 2020-2021 PSL Convention Aug 3, 2020

Democratic Party: Financial institutions should never be "too big to fail"

Financial institutions should never be "too big to fail." We will strengthen and enforce the Dodd-Frank financial reform law, including the Volcker Rule, to protect American workers from the impacts of future financial crises, and will support an updated and modernized version of Glass-Steagall. And when justified by the law, we will back criminal penalties for reckless executives who illegally gamble with the savings and economic security of their clients and American communities.
Source: Democratic Party Platform adopted at 2020 Convention Jul 27, 2020

Green Party: Break up largest banks so that none is too big to fail

Break up our nation's largest banks and financial institutions so that none is "too big to fail." End taxpayer- funded bailouts for banks, insurers and other financial companies. Re-enact the Glass-Steagall Act, which prohibited bank holding companies from owning other financial companies and engaging in risky economic transactions. Oppose the federal government being the final guarantor of speculative investments.

Greens believe the legal structure of the corporation is obsolete. At present, corporations are designed solely to generate profit. This legal imperative--profit above all else--is damaging our country and our planet in countless ways. We must change the legal design of corporations so that they generate profits, but not at the expense of the environment, human rights, public health, workers, or the communities in which the corporation operates.

Source: Green Party Platform at 2020 Green National Convention Jul 9, 2020

Green Party: Amend Constitution: corporations are not persons

We propose the following amendment to the Constitution of the United States:

The rights established by this Constitution and the laws of the United States of America are exclusively the rights of living, breathing humans, citizens of this country or residing therein. No corporation or other type of association or organization can have the status of a "legal person" and thus cannot derive rights from such status.

Source: Green Party Platform at 2020 Green National Convention Jul 9, 2020

Reform Party: Eliminate special interest exemptions & corporate welfare

A fair taxation policy without prejudice or special interest exemptions means the tax code must reviewed and reformed to create a new tax system that will stimulate economic development, is fundamentally fair, eliminates corporate welfare, excludes loopholes, and would be sufficient to pay for essential federal government operations.
Source: Reform Party Platform at 2020 Convention; ReformParty.org Jun 22, 2020

  • The above quotations are from 2020 Democratic and Republican Conventions.
  • Click here for definitions & background information on Corporations.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Donald Trump on Corporations.
  • Click here for more quotes by Joe Biden on Corporations.
2020 Presidential contenders on Corporations:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Sep 07, 2020