Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The Occupy Wall Street movement in a nutshell: Life is not a long con and we are not your "marks"

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
LuckyTheDog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-03-11 04:41 PM
Original message
The Occupy Wall Street movement in a nutshell: Life is not a long con and we are not your "marks"
Why can't financial institutions, even while they pursue profit, do what they do in a fair and honest way without constantly looking for ways to screw everybody else? At some level, can't we all just kind of be on the same side? Is that too much to ask?
Printer Friendly | Permalink |  | Top
Arctic Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-03-11 04:48 PM
Response to Original message
1. Reminds me of a t-shirt my friend had in the late 80s
"we shouldn't have to fuck each other over to survive".
Printer Friendly | Permalink |  | Top
 
Ride4Life627 Donating Member (2 posts) Send PM | Profile | Ignore Mon Oct-03-11 04:52 PM
Response to Original message
2. Because...
Greed rules with an iron fist.

Who cares about the other 99% when your mansion in the Hamptons needs to be redecorated?!
Printer Friendly | Permalink |  | Top
 
abelenkpe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-03-11 04:55 PM
Response to Original message
3. Exact opposite of what libertarians want
They want businesses to be free to do to pursue profit
Printer Friendly | Permalink |  | Top
 
DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-03-11 04:58 PM
Response to Original message
4. Why?
Because their company is listed on the stock exchange, and the execs of most publicly traded companies get bonuses based solely on the performance of the stock.

That lust for ever larger bonuses leads to short term planning, which results in morally questionable cutting of corners and/or outright violations of the law.
Printer Friendly | Permalink |  | Top
 
Atypical Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-03-11 05:41 PM
Response to Original message
5. Because business is completely amoral.
Pursuit of profit is the sole motive. In fact, it is usually a legal requirement that it be the primary motivation, lest the operating officers be guilty of fiduciary negligence of duty.

Where there is no rule of law, corporations will, always use every means to maximize profits.
Where the rule of law holds, corporations will, always use every lawful means to maximize profits.
Where the rule of law holds, will, always use every lawful means to change the laws to their benefit.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 25th 2024, 10:48 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC