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Lonestarblue

(13,557 posts)
7. Republicans and their right-wing media are right about people being victims. They're just blaming the wrong people.
Sat Dec 7, 2024, 10:08 AM
Dec 2024

It isn’t minorities and gay people and immigrants who making people victims, it is big corporations that are screwing people every day, and our elected representatives are helping them do it. It’s my opinion that one of the most destructive changes in corporate America came with the decision to grant CEOs enormous salaries AND a bonus solely for increasing profits no matter the harm to employees and consumers. Prior to this change, CEOs made a multiple of average worker pay in the low hundreds. Today’s CEOs make multiples in the many thousands, and corporate and shareholder greed results in predatory capitalism that is impoverishing workers and sending most of the country’s wealth to the top 1% or perhaps even a half percent, giving billionaires enormous power to keep their golden ball spinning.

Lately, a few writers have equated our current predatory capitalism to the Gilded Age and the days of robber barons. We all know the breaking point of that era and FDR was able to create programs for average Americans. Trump and Republicans are finally in a position to eliminate every program created in the 1940s. I hope they show some restraint but have no reason to believe they will.

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