Living in a "Greed Economy".

[Mich Otter]

All around me I get the feeling we are living in a "Greed Economy". All the decisions are made for the short term benefit of the greedy of the world.
If you want to invest for the future, you spend money to educate and train workers. Health care and safety are provided for workers. You also spend money upgrading facilities. These days it seems like the decisions are made with a focus on short-term economic gain. Companies are making cuts in jobs, benefits, and in every other way they can while the heads of the companies make ever increasing salaries.
It is a race to the top for the wealthy and a race to the bottom for workers. We need to progress from a "Greed Economy" to a "Shared Economy".

[quaoar]

1. Companies have to make the bottom line look good every quarter

for investors. No one seems top be interested in long-term investmenting in companies any more.

[firefox]

2. The downward spiral

There are some people that have experienced a downward spiral in their lives and need no explanation of what I mean. But for now the laws are rigged and the political structure and the media are rigged to continue the downward spiral of the American standard of living.

The national debt deserves its own weekly network show. The run up of 2 trillion dollars under Bu$h will alter the standard of living for all time. The problem is that there is no curb on the extravagant raid on the treasury and it would take a wild imagination to describe when and how there will be a return to sanity.

Anyway, we are in a downward spiral and most Americans will be experiencing it soon if they haven't already.

[rogue_bandit]

3. Alternative is "Spiritual" economy

Oh, I forgot, the 700 Club already exists....just joking.

I've been thinking a lot about the greed factor, too. It seems that religion should be teaching the alternative to greed, but in fact they all seem to be teaching greed...bigger temples, golder icons, bigger tv shows.

I think we need an economic collapse...unfortunately that is not a clean way to reinvigorate the spiritual side of life. The wreckage could be bigger than continued consumerism. Maybe we'll just get spiritual about the planet...that would be nice.

[MO_Dem]

7. I've been wondering lately, too,

just how can they can spin greed into being a virtue? As time goes on, more and more people are going to waking up to the hypocrisy, but I'm afraid it's going to be too late. Sometimes I wonder if the Bush family is so mad at the U.S. for not re-electing old Poopy Bush in '92 that it is their goal to destroy it (and us)for revenge.

[bloom]

8. More than one person told me

(probably from FOX or something) around election time - how greedy they thought Kerry/Dems are. So that's what they do.

They take their faults and project them. It's amazing how well that works for them.

[G2099]

4. US Labor Force: One Foot in the Third World

Only 10 million Americans are classified as "production workers" in the Bureau of Labor Statistics nonfarm payroll tables. Think about that.

The US with a population approaching 300 million has only 10 million production workers. That means Americans are consuming the products of other countries' labor.

~~Paul Craig Roberts

http://www.vdare.com/roberts/050603_labor.htm

[housewolf]

5. I've been saying this for 20 years...

you are so correct

[moondust]

6. Yeah.

I generally don't like greedy, aggressive people and it seems to be the norm these days. Too bad for me.