CounterPunch.org | A Hard Reset for Corporate Power by David S. D’Amato AI generated summary, Read the full article for complete information. In “A Hard Reset for Corporate Power,” David S. D’Amato explains how Hawaii’s recent law — which prohibits corporations from spending money to influence elections by redefining corporate charters — is part of a broader “Corporate Power Reset” movement that seeks to dismantle the state‑created privileges that enable corporate dominance. He argues that corporations are not natural market actors but legal fictions granted special rights by the state, and that this intertwined state‑capital relationship underlies systemic inequality, political capture, and the erosion of democratic accountability. By rewiring corporate statutes rather than merely regulating campaign finance, the movement aims to expose and confront the deeper structural power of the corporate economy, challenging the notion that corporate influence is a separate, “private” sphere and urging a fundamental reevaluation of how economic and political power are co‑produced. Read more: https://www.counterpunch.org/2026/07/01/a-hard-reset-for-corporate-power/ #Hawaii #CorporatePower #SP500 #assetmanagementfirms #economics