Trickle-down economics isn't just a hoax, it's cruel. Maybe, and that's a big maybe, the initial corporations and capitalistic businesses had integrity, when they could still see their employees face-to-face. I remember working for Eaton's when I was young and having to go to "Family meetings" where the Ceos greeted all and inspired them to feel like we were one big family.
The day Ceos started to only look at spread sheets and think of the bottom line they no longer were interested in people but only profit margins. Then when companies went public they cemented the need for profit to be the goal to satisfy share holders. Then they discovered how to not pay taxes to society for healthcare education and infrastructure by putting profits back into the company, then pay themselves from the proceeds. That is is how billionaires came about by making companies public and having weak governments that were afraid to bring in laws that wouldn't allow them to avoid taxes. Free Trade became the next scare, namely if governments tried to control anything the companies simply said we are moving where employment is cheaper, and unemployment loomed.
That is how companies have been able to maintain starvation wages and big profits for the few at the top.
Now that resources in the world are becoming scarce they are buying political power to take over public institutions and structures and land.
The only way for people to deal with these inequalities is to make sure they vote for governments that tax these billionaires at 90% levels and make laws that do not allow politicians to accept private donations.
Communism as practiced now is really no different, except the government officials are billionaires, like Putin.
Until people stop worshipping money and start valuing integrity, humanity, ecology and spirituality nothing will change. No political system will be effective.
The day Ceos started to only look at spread sheets and think of the bottom line they no longer were interested in people but only profit margins. Then when companies went public they cemented the need for profit to be the goal to satisfy share holders. Then they discovered how to not pay taxes to society for healthcare education and infrastructure by putting profits back into the company, then pay themselves from the proceeds. That is is how billionaires came about by making companies public and having weak governments that were afraid to bring in laws that wouldn't allow them to avoid taxes. Free Trade became the next scare, namely if governments tried to control anything the companies simply said we are moving where employment is cheaper, and unemployment loomed.
That is how companies have been able to maintain starvation wages and big profits for the few at the top.
Now that resources in the world are becoming scarce they are buying political power to take over public institutions and structures and land.
The only way for people to deal with these inequalities is to make sure they vote for governments that tax these billionaires at 90% levels and make laws that do not allow politicians to accept private donations.
Communism as practiced now is really no different, except the government officials are billionaires, like Putin.
Until people stop worshipping money and start valuing integrity, humanity, ecology and spirituality nothing will change. No political system will be effective.
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