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The very purpose of corporations - to take money from people and give it to their already rich shareholders - is at odds with the wellbeing of society as a whol
by yesenadam 9y ago
The very purpose of corporations - to take money from people and give it to their already rich shareholders - is at odds with the wellbeing of society as a whole. 'Free markets' is something that corporations want only when they know they will win the competition; otherwise they don't want it. The commonly-heard praise of free markets, level playing fields etc is pure cant and hypocrisy. Big companies get bailed out if they ever get in trouble; anyway, their managers can just go to the next management position. Ruthless competition with actual failure is reserved for the average person, the worker, the small business etc.