salinen
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Thu Sep-08-11 09:35 AM
Original message |
What's great for "free" market capitalism |
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What's great for "free" market capitalism is not great for the citizens who live there.
What's great for "free" market capitalism:
- No stock market regulations - No EPA - No pensions - No minimum wage - Outsourcing - Off shoring - No taxes on capital gains - No taxes at all - No tariffs - No lawsuits - Stock options - Politicians only listen to industry lobbyists - No health benefits
What's great for the citizens:
- Stock market regulations - EPA - Pensions - Minimum wage - No outsourcing - No off shoring - Taxes on capital gains - Real Taxing of corporations - Import tariffs - Lawsuits - No stock options compensation to CEO's - Politicians who represent their districts citizens - Health benefits
"Free" market capitalism and a healthy citizenry are at odds. It's easy to understand the downward standard of living happening worldwide. The powerful are insatiable and own their governments. Hell, they are the governments.
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Romulox
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Thu Sep-08-11 09:37 AM
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1. No. A corrupted marketplace eventually collapses on itself. |
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If investors can't trust you, they won't let you hold their cash.
For an example of this, many legitimate Chinese companies cannot find investors these days due to the overall corruption endemic in China.
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salinen
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Thu Sep-08-11 09:45 AM
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teetering on the edge of corruption. But our corruption is called policy.
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DU
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Tue May 07th 2024, 04:00 AM
Response to Original message |