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applegrove

(118,659 posts)
Fri Feb 4, 2022, 07:05 PM Feb 2022

President Biden Just Declared War On Big Corporate Exploitation

BY JASON EASLEY at PoliticusUSA

President Biden Just Declared War On Big Corporate Exploitation

Biden made a revolutionary statement on behalf of the American people when he said that capitalism without competition is exploitation.

https://www.politicususa.com/2022/02/04/president-biden-just-declared-war-on-big-corporate-exploitation.html

"SNIP......

Biden said, “Industries are dominated by a few giant companies that control the market they operate in. Over the years, this domination of the market by a smaller number of companies, four in the meatpacking area, has reduced competition, squeezed out small businesses and farmers, and in many cases increased prices for consumers. I’m a capitalist but capitalism without competition is not capitalism. It is exploitation. I will do everything in my power to work with the congress to have lower prices for consumers, and they will still do well, but that won’t be enough.”

Democrats Believe In The Free Market

For years, Republicans have been attempting to label Democrats as socialists while they defend monopolistic behavior by some of the largest corporations in America.

Democrats believe in capitalism and the free market. A free market for labor helps American workers in the wages that they deserve. A free market is great for consumers because competition provides choices and lowers prices.

In the current American political landscape, it is Democrats who are defending democracy and capitalism.

........SNIP"

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