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I think this line: "On the other hand, as Robert Reich says, this could all too easily turn into a validation of the claim that what’s good for corporations is
by yequalsx 16y ago
I think this line:
"On the other hand, as Robert Reich says, this could all too easily turn into a validation of the claim that what’s good for corporations is good for America, which is even less true now than it used to be."
sums up the nature of the problem with our political/economical policies. It appears to me that many people are stuck in the mindset that what is good for business is necessarily good for America. This may have largely been true before NAFTA and other free trade agreements but it definitely isn't true now. It's too easy to move capital and whatnot to other countries.
It appears to me that we are living in a society in the grips of regulatory capture. The political message to sell policies is that they are good for business. This comes with the implied message that it is good, necessarily, for America. I think too many people think in terms of an American company or a Chinese company rather than a company based in America or based in China.