What's Wrong with America?
I think this may be a (the?) key failing in the US system of governance. (1) In the charters given by governments to corporations, there is no legally enforceable requirement for social responsibility. The only (primary, major?) real such requirement imposed upon corporations is the fiduciary duty to the (monetary) owners —the stockholders— of the company. In the constitutive relationship —a relationship that is established/created by the (Constitution of) the US federal government— by states to the economic corporations that are co-generated by state governments (as authorized by the federal government) jointly with the collectivity of the legal-financial founders of the corporation, the only burden placed on the new entity ("corporations are legal persons") by its state-"parent" is the fiduciary duty to the individual founders and to their financial successors. Even though the State-given charter constitutes the corporation as a kind of public entity (its