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Is 'Corporate Citizen' an Oxymoron?
theodp writes "Citing expert testimony from a recent House Science Subcommittee hearing on Globalizing Jobs and Technology, The Economic Populist challenges the conventional wisdom that maximizing profits should be a corporation's only responsibility, suggesting it's time for the US to align its corporations to the interests of the nation instead of vice versa. Harvard's Bruce Scott warns that today's global economy is much like the US in the later 19th century, when states competed for funds generated by corporations and thus raced to the bottom as they granted generous terms to unregulated firms. Sound familiar, Pennsylvania? How about you, Michigan?"
This is why there hasn't been a publicly release cure for AIDS even though the drug companies discovered it 20 years ago. It is no surprise that the especially well connected and rich never die of AIDS (like Magic Johnson) while the poor in Africa are decimated by it. It wouldn't surprise me if those same drug companies created AIDS just so that they could continue to sell their treatments. Standby for the next disease that they will create/treat.
This is such a load of crap. Lets reduce it to the simplest terms. If you saddle corporations with high taxes, and high regulations...they will leave. And that is what they did. They went to a country that has a more free economy that the USA - China. CEOs are smart. Why stick around in a country that punishes them for success?
Just remember companies *never* pay taxes - people do.
Put a huge windfall profits tax on the oil companies - guess who will pay for it - you do.
Think about why Hong Kong was such an economic power house? At one time it was a tax free zone for corporations.
I am sick and damn tired of Marxists in this country telling us how corporations are evil. They are not evil. A powerful government that tells us what to do is evil.
Though an astute observer might argue that aligning the interests of the nation to that of its corporations is what is going on now, and that that is what make our current system fascist.
:)
There, fixed that for you.
Caveat Utilitor
this is advocating a form of fascism, right?
Yes, in order to put down a form of socialism that's been bogging down America for years.
The question is, when will we swallow the horse?
If I have been able to see further than others, it is because I bought a pair of binoculars.
Liberalism shares with communists, fascists and all other offshoots of socialism their similar quasi-religious totalitarianism.
The ideology is never wrong. It is incapable of being wrong. All things in accordance with the ideology succeed. All failures are due to . Scapegoats can be Jews, reactionary elements, racists, etc.
Historical understanding is a big no no, unless all episodes not supporting "the ideology is never wrong" tenent are eliminated or re-interpreted so as so the ideology is never wrong and the scapegoats are to blame. If it is an inescapable failure, then mumble something about maybe it may have possibly not worked out as hoped, but the intentions were good! Change nothing.
Example: the black family was undermined by government hand outs by putting the government into competition with black fathers. But this would mean that liberalism was wrong about something. Therefore, the blame is passed to the racists. The black family, now, was destroyed by slavery and Jim Crow. Never you mind the fact that the out of wedlock birth rate of African Americans in 1930 was about 1/3 or less of what it is today. Today of course, the state considers fathers only worth the amount of cash that can be wrung out of them.
"Tolerance" is proper obedience to liberalism. Anyone not properly tolerant is to be punished. In any conflict between two or more groups, that group which is most loyal to liberalism wins. Thus, religious tolerance is good but only to the extent that it serves liberalism. If a religious group is not sufficiently liberal in its relationship with a more loyal group, then the religious group will be required to obey liberalism or be banned from any activity in which the religious group is insufficiently liberal. See Massachusetts adoption laws and the Catholic Charities.
Discrimination against loyal liberal groups is evil and must be stopped. Discrimination against non-loyal groups is "social justice."
So, if anyone refers says to you, "catchblue22, you are fucking fascist" it is because you are a totalitarian bent on enforcing obedience to liberalism on all those heretics and infidels (a la non-liberals) who lack the power to stop you.