Capitalism, The Best Solution to Poverty

[Brian Peacock]

[LucidFlight]

Great documentary there, BP! Also, I had no idea it rained in Spain.

[JimC]

Even on the plain?

[Brian Peacock]

Mostly.

[Hermit]

The rain in Spain falls mostly on the mountains. Professor Higgins is plainly wrong.

[rainbow]

Hertz, JC Penney JCP , Libbey, Borden, Chuck E. Cheese: All of these well-known American companies have two things in common. They all have filed or are expected to file for bankruptcy and they all paid out generous bonuses to some of their executives, usually right before they filed.

The disparity in pay scales between C-level officers and rank-and-file workers in American business has perhaps never been as wide as it now. Nor has it ever been more contentious an issue as it is now.

With government bail-outs and loans going to many American corporations at the same time they were laying off or furloughing hundreds of thousands of workers, providing six and seven-figure payouts to senior managers has risen to near the top of arguments that big business has gone too far.

https://www.forbes.com/sites/warrenshou ... 285fe53758


Well at least the top Execs will avoid poverty.

How can this be allowed in a civised country?

[pErvinalia]

Freedum!

[Svartalf]

who the frell ever truthfully claimed that places where capitalism runs rampant were civilized?

[JimC]

Corporations, as shown by their actions, are becoming less and less likely to give a shit about public disclosure of their greed and lack of ethics. The clear message is "Fuck off, we own this country, and there's nothing you can do about it"

[Scot Dutchy]

1984

[Brian Peacock]

2020.

[Scot Dutchy]

ACME.

[Hermit]

LAKME

[NineBerry]

LINC

[Brian Peacock]

ZINC