Corporate issues ...
I posted these thoughts elsewhere, but thought it might be reasonable to share them:
The United Nations concept of what is acceptable may have to evolve, but it lacks adequate funding with America often late or refusing to pay its way. The UN financing needs to change into something more effective because of the persistent dictatorships. The costs of reversing or eliminating dictatorships are enormous.
I am thankful that countries protect the interests of representative government, but it really is a shame to see a dictatorial class of people seek to dominate politics in the world's powerhouse against dictatorial rule. Austerity under dictatorships is at the root of so many decades of human suffering.
When democracies behave like dictatorships we have decades of misery from unnecessary austerity. Rather than growing the pie, they try to increase their share of neighbourhood pies and retreat into beggar thy neighbour policies stealing from the weakest participants and states in the community.
Thus, America preys on its neighbours in Europe after stealing from its own citizens. In the process of transforming American politics the billionaire Trump and his selected list of dictatorial billionaires has unleashed the uncomfortable truths of the recent administrations that neglected to reivigorate dying and struggling communities across the aged industrial regions.
It's not enough for Trump to say dictatorial corporate leaders can make people under them better off. Contrarily, people would rather have a modest income and modest control over their lives. The essense of most corporation structures is the persistent drive to raise share values above competitive averages.
This desire to manipulate stock values has its own moral code, which establishes the notion that shareholders are more worthy of attention than corporate employess doing the drudge work.
The fact is that share values rise as a consequence of shared money supply growth arising from banking sector money club decisions substituting for the periodic gold rushes of yore. Without artificial support of the banking industry the stock values would be dependent on real corporate savings and 'permanent incomes' of companies. But, many company profits are made at expense of employees weakened by the ethic that rich people know best. Why should they? Business leaders are not elected. They are imposed by share holders.
Independence of central banks is desirable, but this does not happen as corporations drive demand for finance to fund competitive postures using bank finance easily obtained at low rates. Our reality is that of a banking system serving powerful corporations while draining consumers of their incomes. Who saves in banks these days.
This model applies as universities are funded by the banks loaning to students. The greed of corporate universities accelerates as they export their capacity in search of savings to foreign students neglecting the cost restraints of local kids who resort to credit card debt to get acdecent higher education. Thus, America on average educates the world while its potential youth remains mired in debt burden, unhoused, fragily employed, lacking solid entry into the property market and its talent untapped.
as the health of the nation is eaten away more and more become mired in illegal consumption the drugs that serve to help them firget how exploited they are. Meanwhile, many are thrown into prison and receive long sentences that are a consequence of not having a good job and the wherewithall to finance a stable family home.
Sometime capitalism works, but the free flow of capital model adopted after WWII will come under attack seeing it weakens source countries that can't recognise corporations adopting no nationality in order to have unambiguous control over their corporate futures at the expense of nations.
What we are faced with is underfunded states and rich corporations sitting on mountains of capital they use to create monopolies. Needless to say the creation of responsible public corporations needs to replace the world of irresponsible private corporations refusing to finance change because it threatens the capital mountains and dominant positions."
—Richard Feynman
