Condescending Hillary fans: Man, did this pro-Bernie blogger get it right.

[Manifestor_of_Light]

108. So then why do taxpayers have to subsidize Wal-Mart?

Because they are too cheap and greedy to pay their employees a living wage? Violate overtime laws and such? Get sued in a class action for sex discrimination? And the taxpayers pick up the slack in the billions of dollars?


And they have destroyed thousands of little towns and small businesses, as I related in the example of the small town I live in, which is certainly not unique?


If the middle class is destroyed, there is nobody with money to buy anything. Money has to circulate in a capitalist system. Read Joseph Stiglitz on the drawbacks of income inequality.


Did you not read what I said? I don't think you did, or else you didn't comprehend what I said.


Corporations can keep shareholders happy with rising profits and destroy themselves through bad business decisions, firing lots of people, and making a low quality product to be cheap and ruin their brand reputation.
When the focus is on maximizing short term profits, not making a good product or keeping people in a community employed, greed can destroy a company quickly. Also, greed is unlimited. A person who has a billion dollars apparently thought that is not enough--Steve Jobs.

Steve Jobs could have put many thousands of Americans to work and died only worth one billion instead of six billion. He is just as dead as he would have been if he'd put thousands of Americans to work and improved the economy by employing U.S. citizens. There's making a profit, and then there's being a ruthless, cruel bastard. I think you can run a business and make a good profit and do it not being horrible to your employees and/or customers.

Haven't you heard that Comcast's customer service is the worst in the world? Nobody is stopping them from continuing to make lots of money. Even if they lose customers, they will still make lots of money.


I don't think big corporations perish often. When they do, often they are raided and everyone is fired, as in what Mitt Romney used to do to make millions of dollars. They merge, go bankrupt to hide their failures, ship their money to offshore tax havens, and various other things that I am not privy to. They can be a horrible failure and yet financially successful. And they buy congressmen.



Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.

----- John Maynard Keynes
English economist (1883 - 1946)