Capitalism has always meant taking the public resources and turning them into private property, socializing the costs and privatizing the benefits. This is the capitalist business model as it has been for a long time: Socialism for the rich. Take money from the poor and what's left of the middle class and give it to those who need it lea…
Capitalism has always meant taking the public resources and turning them into private property, socializing the costs and privatizing the benefits. This is the capitalist business model as it has been for a long time: Socialism for the rich. Take money from the poor and what's left of the middle class and give it to those who need it least: corporations and the rich, who plow the money into exec compensation packages, stock buybacks [which increase stock prices and therefore exec compensation -it's like printing money!] and then into legislator campaign contributions [with , of course, the aim of turning that influence into more power and more money, and so on and so on and so on]. At one time, this was called corruption, but the rich lobbied to change the law so that it's now perfectly legal. Just as Mephistopheles eventually showed up to take Faust to hell, these shortsighted, selfish, corrupt and stupid legislators will eventually find themselves absolutely without any power whatsoever to resist the ever-greater demands of their corporate handlers. Maybe they are already at that point.
Capitalism has always meant taking the public resources and turning them into private property, socializing the costs and privatizing the benefits. This is the capitalist business model as it has been for a long time: Socialism for the rich. Take money from the poor and what's left of the middle class and give it to those who need it least: corporations and the rich, who plow the money into exec compensation packages, stock buybacks [which increase stock prices and therefore exec compensation -it's like printing money!] and then into legislator campaign contributions [with , of course, the aim of turning that influence into more power and more money, and so on and so on and so on]. At one time, this was called corruption, but the rich lobbied to change the law so that it's now perfectly legal. Just as Mephistopheles eventually showed up to take Faust to hell, these shortsighted, selfish, corrupt and stupid legislators will eventually find themselves absolutely without any power whatsoever to resist the ever-greater demands of their corporate handlers. Maybe they are already at that point.
Yes it’s legal but still corrupt.