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The modern world was built by corporations. Access to clean water, cheap and healthy food, energy, infrastructure. Yes taxes fund a lot of it but it is corporat
by rpedela 8y ago
The modern world was built by corporations. Access to clean water, cheap and healthy food, energy, infrastructure. Yes taxes fund a lot of it but it is corporations that largely do the work at least in the US. Being for-profit is a good thing on the whole because that enables the corporation to continue solving problems for more people. Obviously there is a dark side too. The pursuit of profit left uncheck leads to harming the environment, screwing people out of money, etc which is why regulators are needed.
To say corporations are all bad all the time is bullshit. Likewise to say corporations are all good all the time is also bullshit. Like everything, there are pros and cons. Overall I think our capitalist economy does more good than bad. If it didn't, none of us would be able to be having this debate because we would be too worried about the next meal.
- SolaceQuantum 8y ago> Access to clean water, cheap and healthy food, energy, infrastructure. Clean water access? Paid for my government. Cheap and healthy food? Government subsidies. Energy? Government funds majority of research. Infrastructure was mostly inlaid by Government implemented New Deal/other job creation programs. Corporations had little to no involvement in 'doing the work' here. Access to cheap/healthy food was before corporations were the majority of agriculture due to government subsidy. Energy is largely built on research which is largely funded by the government. The majority of interstate groundwork as it's been laid out today was started by the government's roadbuilding job-creation programs. While large legal entities may have their benefits, one shouldn't subscribe undue merit to them in the pursuit of attempting to dissuade undue chagrin.
- rpedela 8y agoAs I said, taxes, aka government subsidies, paid for or continues to pay for a lot of my examples. The railroads were all built by corporations. ExxonMobil is a corporation, Comcast is a corporation, even your local utility for water, etc is likely a corporation. Corporations do much of the work, the government just pays for it with taxes.
- mmsimanga 8y agoGovernment doesn't generate any money. They get the money from taxing employees of the large corporations. It is a symbiotic relationship.
- chillwaves 8y agoAre you saying the government does not generate value?
- mmsimanga 8y agoI meant government does not generate taxes. It's people and the companies they work for that pay the tax which government then uses. So it's disingenuous of parent to claim government alone is responsible for the good it does.
- anticensor 8y agoIt does, but it is different from fiscal value used in economics.