(Cross-posted from The Paragraph.) Since U.S. states abandoned their old laws that curb corporate power, many corporations have become dinosaurs — huge beasts that have outlived their time, but that keep on stomping through the world.¹ One type of dinosaur is the big oil company, whose products feed disastrous global warming climate change. Such companies should cut back production as the world limits greenhouse gases. Instead, the largest of them, ExxonMobil, has spent many millions to cast doubt on the scientific facts of climate change.²+³ Another type of dinosaur is the for-profit medical insurance company, whose kind controls the gates to health care, shutting out many millions, and canceling the policies of many who need a costly treatment.⁴+⁵ Such companies should bow out of the basic medical insurance business, and let Congress improve and extend Medicare to all. Instead, they have hired former government officials to lobby for keeping control, while getting millions of new, healthy customers at taxpayer expense.⁶

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