Comment How else do you propose (Score 1) 602
to get money out of the hands of the top and into the bottom? The top right now are using their wealth and privilege to gut companies' pensions and equity. Hostess is the current example, but remember Sci-Fi monthly and quarterlies? Every wonder what happened to Asimov's monthly magazine? The suits will tell you Americans just got dumber and stopped reading. Fact is somebody noticed that the company that distributed those monthly reading periodicals was stilling on a tonne of real estate that had appreciated in value over the years. They got bought up and liquidated for the short term profits. Every mag instantly lost their distribution network, and those guys run pay check to paycheck (real Americans there), so they went under.
How are you planning on dealing with those guys? The Bain capitals of the world? They completely break Capitalism, unless you're OK with the 'winner-take-all' approach.
How are you planning on dealing with those guys? The Bain capitals of the world? They completely break Capitalism, unless you're OK with the 'winner-take-all' approach.