2016 Postmortem
Related: About this forumSimple Question about who is on whose side
When a corporation decides to shut down plants, lay off large chunks of its workforce...or lower wages and slash benefits for the front-line workers, just so it can goose the bottom line for its investor/owners and give the Top Execs a frew million more in bonuses....does it really give a shit whether those individual workers are Black or White or Latino or Asian or Male or Female or Gay or Straight or Democrat or Republican?
That complete lack of social responsibility is what is at the heart of the economic issues in this election.
floriduck
(2,262 posts)The only thing that really matters to them is increasing shareholder value, thus increase their bonus opportunities. And that is disgraceful.
Punkingal
(9,522 posts)They are not part of a community anymore. I had an argument with my sister-in-law who was telling me some pharmaceutical firm left Michigan because taxes were too high. I told her once upon a time a company would feel some loyalty to the workers and would just pay the taxes, instead of leaving so they can still earn billions in profits.
Gregorian
(23,867 posts)Those workers, under a kinder economy, would have had first rights to purchase that company (if possible), with federal assistance.
Then the assholes who owned it would be compensated for their business; the workers would now be owners; and instead of one owner, it would be a cooperative.
Through this kind of "horrible" act, workers would not only earn more, but would be in control of their own lives.
So when you vote for anyone but Bernie, you are effectively opting out of any change that might include this configuration in the economy.
DanTex
(20,709 posts)Would there be any publicly traded companies left? What about companies like GM, which are already publicly traded. Are they forced to go private again so that workers can buy it out?
Gregorian
(23,867 posts)These are what the economists are working on.
Tierra_y_Libertad
(50,414 posts)because of their high ideals, compassion for the working class, and love of democracy.
And, they promise it will all "trickle down"....someday...maybe...when they own it all.
Armstead
(47,803 posts)Be grateful you scurvy wretches