General Discussion
In reply to the discussion: Why we need Bernie - like him or not.... [View all]Bluepinky
(2,513 posts)I agree with the premise of this essay. There does appear to be a war between corporate interests and the people (note that the essay states "corporate interests" and not "all corporations"
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I don't have a business or finance background, so I can only explain it in the simplistic way I see it. Generally speaking, the goal of a corporation is to make money, or "profit". It does this by charging more for the good or service than it costs to produce it. Ways to keep production costs down include limiting the pay and/or benefits of employees, limiting number of employees, using inexpensive materials to produce the item and cutting overhead production costs.
Corporations can move production overseas to avoid paying minimum wage and benefits to employees. They can lobby politicians to remove environmental and safety regulations; these are present to protect workers and the public, but they also raise production costs. The corporation's goals are in direct conflict with those of an individual worker, who wants to make a living wage with adequate benefits, who wants to work in safety and live in a clean, healthy environment.
I think Democrats who are funded by corporations appear less willing to fight for the workers and more apt to do what the corporation asks for. Corporate funding is a lose/lose for Democrats: first, they can't compete with Republicans on this so why try? Second, if they do accept corporate money, they are no different than the Republicans in the eyes of the people.
I respect Bernie in that he didn't accept any corporate money, only individual donations. He did really well with that and used that to attract more individual to his progressive platform.