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Related: About this forumVICE TV @VICETV: Why -- in the wealthiest country in the world -- does daily life feel so insecure?
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sop
(10,154 posts)Sure, on average we're "the wealthiest country in the world." If you put Jeff Bezos in a room with 99 homeless people, on average everyone in that room would be worth over a billion dollars.
Midnight Writer
(21,745 posts)The difference in what you pay for goods and services and what you actually get is called "profit".
To maximize profit, you can;
A) Pay people less than what they are worth
B) Produce products using cheap materials and workmanship
C) Produce low quality goods that need frequent replacement
D) Exploit social and legal loopholes to avoid responsibility
Business schools teach the mantra that business has the sole obligation of making profit, and no responsibility to its customers, to its employees, to the communities they operate in.
BeckyDem
(8,361 posts)I'm afraid so.
ancianita
(36,022 posts)corporate fictional personhood as some shield from The Law and their nations' legal jurisdictions. Thank all the criminal lawyers worldwide who have helped them.
Looks like the U.S. isn't the only insecure nation being drained by kleptocrats. There are at least 42 hiding and hoarding places for all the other nations. Biden has only just begun to get our money back.
According to Nicholas Shaxson's Treasure Islands, a pretty old reference by now, the U.S. (DE, NV, SD and other states) has been a way bigger tax haven than the Caymans, or Virgin Islands or Jersey or Guernsey.
If democracy ends in this nation, it will remain THE biggest tax haven on the planet.
That's a GREAT 2022 campaign slogan -- Get our money back! Death to tax havens!
BeckyDem
(8,361 posts)+1 Death to tax havens sounds pitch-perfect to me too.