[Twotone]

I hadn't heard of Benefit Corporations before, but this is apparently something the leftists are beginning to push all over the country. Can't be good for our side.

[Okieshooter]

Just another example of crony capitalism. Or as Ayn Rand would say looters.

[2ndDivisionVet]

How are they different from Non-Govermental Organizations (NGOs)?

[E. Pluribus Unum]

Sounds like a Benefit Corporation is where the people who own and work for the corporation are slaves to members of the ruling class oligarchy who decide what the corporation should sacrifice "for the greater good."

The "greater good" is anything that benefits the ruling class oligarchy.

[A CA Guy]

Providing wanted goods and services to people is of great benefit. Guess all corps are benefit corps.

[RetiredTexasVet]

You could only get low brain function Progressives to invest in a corporation like that. The top management siphons off big salaries, benefits and other perks while the investors earn nothing and workers toil for slave wages but with the knowledge that they are benefiting the collective.

[UnwashedPeasant]

Appears to be a new type of corporation with special tax laws, etc. They must be “validated” by entities like B Lab, which confirm that the corporation is “progressive.”

This ensures that Leftist corporations get special rights.

[youngidiot]

More collectivism. These people are nuts.

[familyop]

NGOs have already made wastelands of an enormous number of Republican-majority counties and have turned local Republican politicians far to the left. The consequences of their activities remove all hope in what little remains of the small-business private sector.

[scottteng]

They may not be all evil as some propose it seems that coops such as power or water coops would meet the definition as well.

[taildragger]

My guess is it is a twist on the GM and Ford VEBA ( research it ) but by the virtue of their tight-lipped-ness, something in that model has changed and it stinks... Look into it...