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Big corps who can do anything to capture market share and have some sort leverage over the Government cannot be trusted. I guess people just forget about all e
by r_singh 8y ago
Big corps who can do anything to capture market share and have some sort leverage over the Government cannot be trusted.
I guess people just forget about all ethics when huge debt / investment / incentive is involved. Leverage over media and governments along with an army of lawyers and bean counters just makes this whole thing possible.
Meanwhile globalisation has arguably made it more difficult for SMEs to market / sell products in industries within which big corps have huge interests.
- rasengan 8y agoAny government that is susceptible to leverage outside of the POWER OF THE PEOPLE needs to go to jail/be impeached if they succumb to said leverage. Their only duty, their only fiduciary, their only constituent is WE THE PEOPLE as a collective. It is not Johnson and Johnson. That said, we live in an odd time. Supposedly we don’t negotiate with terrorists and let hostages die, but we are sending millions of weapons to a country who is known and proven to fund terror and extrajudicial assassinations.
- Swizec 8y ago> Their only duty, their only fiduciary, their only constituent is WE THE PEOPLE as a collective But their re-election hinges on campaign funds and big companies contribute way more than we the people.
- fma 8y agoThis is a big reason why I'm for regulation when it comes to health, and environment. Somehow conservative Americans are believed that the 'invisible hand of the market' will solve all problems. But companies will always be in it to make money if they feel they can get away with cutting corners. Would we rather err on cutting a few percent here and there from company profits due to overhead and inefficiency of regulation? Or err on harming people and the planet?
- armitron 8y agoWe saw how the 'invisible hand of the market' played out in the housing collapse of 2008. Even the clown known as Alan Greenspan admitted that his ideology was shaken.