Dodge v. Ford (1919) and the Doctrine of "Shareholder Primacy"

Once upon a time, a man named Henry Ford found himself with an extra $60 million of capital, and decided it was in the best long-term interest of Ford Motor Company to reinvest that surplus back into the corporation -- hiring more workers, increasing their wages, and lowering the price of the products for consumers.

But brothers John and Horace Dodge, stockholders who owned 10% of Ford company shares, didn't like Henry's decision. It interfered with their short-term profits. So they sued him.

In Dodge v. Ford (1919), a landmark case decided 102 years this month, the Michigan Supreme Court held that Henry Ford could not lower consumer prices and raise employee salaries.

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Do We Have a "Right to Vote" in the United States?

Last week marked the 151st anniversary of the 15th Amendment to the United States Constitution, which declares “The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of race, color, or previous condition of servitude.”

While the 15th Amendment was objectively good and greatly expanded and protected voting for Black men and other previously excluded groups, there is a common misconception that it grants a universal right to vote.

It does not. There is no universal right to vote in the U.S. Constitution. 

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What is Move to Amend's Position on the "For the People Act" (HR1)

Reformist legislation like H.R.1. are good in that they mitigate corruption and protect and expand voting access in the short term. But it's still playing defense. We need a long game too -- that is why it's critical that we continue to push hard for HJR48, the #WeThePeopleAmendment, in order to have genuine DEMOCRATIC POWER FOR THE PEOPLE.

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February 2021 Newsletter

 

In this month's newsletter:

  • Let's Move the 117th Congress to Amend!
  • Quick Actions for All
  • Join the Movement Education Program Re-launch
  • Join us as we March Toward a People's Constitution
  • Community Calendar
  • January Live Report Recording
  • Making Sense with Move to Amend
  • The REAL Democracy History Calendar
  • From our Store
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Unhappy birthday

Forty-five years ago today, the Supreme Court ruled in Buckley v. Valeo (1976) that restrictions on campaign spending were a violation of the First Amendment of the U.S. Constitution.

They really said that MONEY, which is PROPERTY, is the same as FREE SPEECH.

Most of us learned about the absurd Supreme Court doctrines of "money = speech" and "corporations are people" in 2010, when the Citizens United ruling came down.

But the Buckley v. Valeo (1976) case that set the "money = speech" precedent was not about corporations -- it was about one individual's belief that campaign finance laws were a violation of his first amendment rights to express himself.

It's important to understand that these two ridiculous doctrines existed long before Citizens United.

Citizens United is a symptom -- it is not the disease.

 

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Let's Move the 117th Congress to Amend!

Despite all of the chaos, we haven't forgotten that it is a brand new Congress!

As we watch the events unfold in the wake of the January 6th riots at the Capitol, we also remain laser-focused on our immediate goal for the first quarter of 2021:

  • 100 HOUSE COSPONSORS for the #WeThePeople Amendment

 

And we have a solid plan to get it done.

Join the 2021 Campaign Kickoff Call on Jan 21
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Impeach Trump

If the Senate fails to convict Donald Trump for spreading falsehoods and inciting the deadly January 6th riots at the Capitol, we won't be surprised. 

We have unfortunately grown accustomed to them not doing their jobs.

But that doesn't change the fact that it is critical that they convict him. Tell your Senators to act swiftly to convict Donald Trump before he leaves office.

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You're the best ❤️

From the bottom of our hearts -- thank you so much.

We are blown away at how you all came through for us. After a year like 2020 -- which was terrifying on every level, not excluding the uncertainty that our 100% grassroots-funded organization could survive the economic downturn -- we are so excited to announce that you made sure we met our fundraising goal of $25,000 and then some!!!

Which means we are 100% READY to come out swinging in this new year, to advance the #WeThePeopleAmendment in a new Congress. 

WHAT'S NEXT: Join us for two trainings we are offering in January...

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Looking ahead to 2021 👀

We are ready to go because the fight is more important than it's ever been -- and the time is right. We recognize that this is a unique moment in history -- amid all of the confusion and suffering, movements are rising up everywhere, and coalescing around a larger set of demands for social, economic, and environmental justice. 2020 saw more people in the streets than at any other time in U.S. history. These are the moments where anything is possible, if we all rise up together. 

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End of Year Livestream 2020! (Watch Recording Here!)

Count down to the end of 2020 with Move to Amend!

Join us tomorrow -- Wednesday, December 30 at 1pm Pacific/4pm Eastern -- for a special livestream with Move to Amend grassroots volunteers, staff team and board members.

We will be streaming on all our social media channels: Facebook, Twitter and YouTube and we hope you'll tune in and join the conversation!

We'll share our successes from this part year, give some real talk about the challenges we have been struggling with, celebrate the wonderful and committed Move to Amend community (which definitely includes you, Kaitlin!) and talk about what we expect in the year ahead (to the extent that anything these days can be planned or expected!).

Those who donate during the livestream will be entered in a raffle to win a Move to Amend t-shirt or water bottle!

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