Don't understand capitalism huh? I'm not surprised Bubs. Try reading about the Robber Barron's, perhaps grow a brain and realize most people get off Ayn Rands BS by 25 or so?
Nice deflection. So robber Barron's had no help from the rulers and princes of the times?
So JFK tax policy was bad for the economy?
Would you prefer the Venezuelan/Bernie sanders system of free trade as bad?
Yes rich people influence politicians, you seem to be mad at only the rich in general and one set of politicians. But hey we just need the right person in charge to do the right thing right?
U.S. poverty rates higher, safety net weaker than in peer countries
MORON
U.S. poverty rates higher, safety net weaker than in peer countries | Economic Policy Institute
Our Hidden History of Corporations in the United States
When American colonists declared independence from England in 1776, they also freed themselves from control by English corporations that extracted their wealth and dominated trade. After fighting a revolution to end this exploitation, our country’s founders retained a healthy fear of corporate power and wisely limited corporations exclusively to a business role. Corporations were forbidden from attempting to influence elections, public policy, and other realms of civic society.
Initially, the privilege of incorporation was granted selectively to enable activities that benefited the public, such as construction of roads or canals. Enabling shareholders to profit was seen as a means to that end.
The states also imposed conditions (some of which remain on the books, though unused) like these*:
- Corporate charters (licenses to exist) were granted for a limited time and could be revoked promptly for violating laws.
- Corporations could engage only in activities necessary to fulfill their chartered purpose.
- Corporations could not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
- Corporations were often terminated if they exceeded their authority or caused public harm.
- Owners and managers were responsible for criminal acts committed on the job.
- Corporations could not make any political or charitable contributions nor spend money to influence law-making.
For 100 years after the American Revolution, legislators maintained tight controll of the corporate chartering process. Because of widespread public opposition, early legislators granted very few corporate charters, and only after debate. Citizens governed corporations by detailing operating conditions not just in charters but also in state constitutions and state laws. Incorporated businesses were prohibited from taking any action that legislators did not specifically allow.
Our Hidden History of Corporations in the United States
TURN OFF YOUR DAMN RADIO/TV AND GRAB SOME HISTORY BOOKS!!!
nice sources, and individualism is bad how? So the people in power getting it wrong only need more power and then they'll start doing it right?
Weird ad homs and a bunch of deflection and BS?
DO YOU HAVE ANY POSIT TO MAKE OR NOT BUBS, STOP PLAYING IN THE FUKKN GRASS AND GROW UP. Make a posit or go fuk yourself!
No ad Homs, and no deflections, just asking you to clarify your views. Robber Barron's we're quite influential to those in power were they not?
Sure, like today's Robber Barrons, Koch/Walton's make up 6 of the top 10 wealthiest in the US, all inherited wealth too!
LBJ tax cuts were DEMAND side tax cuts, the ones JFK advocated for!
Let me guess a libertarian moron right? ONE NATION/STATE to EVER successfully use that BS?
They all fund both parties! And groups for both parties. You only recognize that a certain group of the rich are bad, unless they parrot your view, then everything questionable they do is permissible. And your answer is to give more power to a certain group of people (those in govt), people who, even if you get a group of good ones, will be corrupted themselves, or the next group eventually will. You quote Chris Hayes like he is some sort of wealth of political thought, and that there should be a high respect for governments job, but fail to see the need for respect for human nature that we constantly see over and over again throughout history?
You want to raise minimum wage, and you think that will help keep jobs in America? Ford and nabisco didn't just recently move to Mexico because they felt like they weren't paying their entry level employees enough.
You want to raise taxes as an answer... An answer for what exactly. If the government was a charity, and we looked at cents on the dollar that actually go to help people... You'd be shouting them down and telling people not to donate to them.
And sure ayn rand said some crazy things, but she also said some good things that are true, and I'm sure that you would agree with.
“When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need to obtain permission from men who produce nothing — when you see money flowing to those who deal, not in goods, but in favors — when you see that men get richer by graft and pull than by work, and your laws don’t protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that your society is doomed.” Ayn Rand
Yea I'll take her over CORPORATE RUN Chris Hayes anyday. Granted I don't parrot everything that ayn rand says, but I discern what I agree with and what I don't agree with. I don't follow people blindly. It's naive and rash to think that your party is only capable of good.
You want a push towards socialism, which just creates an unnecessary utilitarianism. Where, at best, the good of the many will outweigh the good of the few. What almost always happens is the good of the people making the decisions for the good of the group takes precedence.