Ahh ok so basically it all just comes down to corporate greed determining how much we should all suffer and be punished for even considering the idea that their stock price doesn't have to keep going up every 3 months and that they might be able to survive on 5% less profit this year compared to last year. Got it.
Well, never thought my calling for an end to unregulated capitalism would be misread as excusing unregulated capitalism. This is why I don't like the term "corporate greed" because it inherently separates our failed economic system of capitalism from the behavior that in encourages.
Like it or not, currently big business is legally obligated to their shareholders to generate as much profit as possible. I do not believe greed is moral, but recognize that it is not a moral choice when the law forces a decision on a person or entity. I don't want my taxes to fund the war in Iran, but they do - I do not think that is my moral failing. It is, however, my country's failure to understand the issues, be engaged in civic society, and approach issues with nuance and subtlety.
To be clear, I am on your side and think we should tax billionaires and corporations. I just think the blame / target should be the system that allows or encourages this type of behavior, more than the people who do what is expected and instructed of them. (Of course this is not hard and fast either, lobbyists definitely push for favorable regulation for profit. Again a product of unregulated capitalism)
I get you man. Youre speaking more to the failure of the system. I got you. Sounds like we're on the same side from diff angles and I'm ok with that completely. 💪💪
i think you find relatively few serious people who advocate for the second thing you say over the first.
the propaganda that works against the interests of the working class are the ones pushing that "the Left" want the latter instead of the former, and that lie is what pushes the most economically vulnerable to vote against their own interests when it comes to electing a government that will operate in the best interest of the citizenry, instead of the ones at the top profiting off of the system.
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u/cheapdrinks 5h ago
Ahh ok so basically it all just comes down to corporate greed determining how much we should all suffer and be punished for even considering the idea that their stock price doesn't have to keep going up every 3 months and that they might be able to survive on 5% less profit this year compared to last year. Got it.