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When has a large corporation become more efficient with their spending to that degree? From the figures being thrown around, if their profits from the USA sudde
by irrational 4y ago
When has a large corporation become more efficient with their spending to that degree? From the figures being thrown around, if their profits from the USA suddenly dropped by 90%, that isn’t just becoming more efficient, that is having to severely contract.
- oblio 4y agoYou do know that if profits go down, companies don't have to contract, right? Companies contract when they have losses... (or when their revenue goes down, but only if they predict it will keep going down, while in this case this would be a 1-time shock). I see a bunch of people defending these corporations, I have to ask: why? Why are you defending corporations with tens if not hundreds of thousands of employees and decades of years of profits in the mid-to-high tens of billions of dollars? Their abuses are well documented, is it Stockholm syndrome?
- riversflow 4y agoI’ll bite, I think the defense is mostly to the status quo of the industry. The fact of the matter is these corporations have developed and tested medicines that drastically improve my parents (and many many elderly/retirement age folks) quality of life, and some of these medicines are pretty new. The system is currently working pretty good by the metric of pharmaceutical advances.
- sershe 4y agoBecause they mostly have a proven track record of advancing human well-being? As do other corporations from railroads to Amazon. Sure, they are not perfect, but the governments you advocate should kneecap them (to echo your other general comment) have a track record of ruining it, /especially/ when they try to decide what's "fair/unfair". You are defending a much larger, more powerful, vastly more evil and harmful entity.