Richard L Grossman and Frank T Adams put forward a novel idea. Corporations exist as legal entities under the law, quasi-legal people. They only exist by means of incorporation and corporate charters. There is nothing to prevent the relevant legislative authority to amend the rules of incorporation to make these corporations more accountable to the communities in which and from which they operate. As legal entities corporations can be prosecuted, heavy fines imposed, though the actual level of fine is more often than not puny.
Corporations expect to be treated as citizens in the eyes of the law, to have the same rights.
Citizens also have responsibilities. If a citizen breaks the law he or she are punished, not only are they fined, they also lose their political rights and may lose their freedom. William Greider suggest these punishments should be equally applied to companies. The latter part of the book moves away from analysis of the problems and towards solutions - a move towards the local. Methods of decoupling the local economy from the global economy and recycling wealth within the local economy rather than siphoning it off.