Economy Latest Topics

Are Corporations Evil?

Tue, 05 Aug 2025 22:29:22 +0000

I'd say corporations are an organized group of people too often doing evil deeds, motivated by money. Then, they go home, pet the dog and love their family like other people.

At work it's only their stock price that matters. The team and investors are a mob pushing them to abandon principles to achieve competitive goals. The non-stock holders who get hurt are the collateral damage of their bunker-buster greed bomb.

Unethical behavior is "normalized." Including taking risks with consumer's health and environment, covering up resulting disasters and scandals, shipping jobs overseas for slave wages and child labor, manipulating laws and legislation, etc..

CAPITALISM

Mon, 17 Nov 2025 05:56:29 +0000

how capitalism works
and how educating about capitalism works -- show a pretty girl while you do it

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Right vs Left Economy Record

Wed, 06 Aug 2025 05:31:01 +0000

though the DNC faced big donor pressure to move closer to the GOP corporate policies in modern years, it was Democrats who gave us the 40 hour workweek, minimum wage, overtime, unemployment insurance, social security insurance, medicare, etc..

this is some older info that needs current data added:

Recessions Since 1950 and Party in WH at Onset
Jul 1953 - May 1954 Republican
Aug 1957 - Apr 1958 Republican
Apr 1960 - Feb 1961 Republican
Dec 1969 - Nov 1970 Republican
Nov 1973 - Mar 1975 Republican
Jan 1980 - July 1980 Democrat
Jul 1981 - Nov 1982 Republican
Jul 1990 - Mar 1991 Republican
Mar 2001 - Nov 2001 Republican
Dec 2007- Jun 2009 Republican
There have been 22 recessions since 1900.
16 have started under Republican leadership, 6 under Democrat leadership
http://www.nber.org/cycles.html

and this:

Republican states have been welfare states for the past 50 years getting back on average 50% more in Fed money than they pay in..they are our national debt, poorest 15 states, bottom in education, highest in per capita food stamps, welfare and etc... highest per capita rate of min wage jobs.

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