3 Comments

The more that corporations make, all the more they want — nay, need — to make next quarterly. It's never enough. Maximizing profits at the expense of those with so much less, or nothing, will likely always be a significant part of the nature of the big business beast.

Still, there must be a point at which that inhumane corporate practice can/will end up hurting big business’s own monetary interests. One can imagine that many living and healthy consumers are needed. ... Perhaps the unlimited-profit objective/nature is somehow irresistible. It brings to mind the allegorical fox stung by the instinct-abiding scorpion while ferrying it across the river, leaving both to drown.

Corporate CEOs will shrug their shoulders and defensively say their job is to protect shareholders’ bottom-line interests. The shareholders, meanwhile, shrug their shoulders while defensively stating that they just collect the dividends and that the CEOs are the ones to make the moral and/or ethical decisions.

Expand full comment

[Cont.] Regardless of PM Sunak's and the Tories' (mis)conduct, the First Past The Post electoral system too-frequently puts/keeps the Conservative lot in office. And these Conservatives sound similar to British-Commonwealth-er Canada's brand: Fundamental human necessities are not really their concern.

While boasting of and promising 'balanced' budgets, they callously omit the humane equation, as though very tight finances are of any good to the large portion (if not the majority) of those human beings who are struggling to make ends meet.

Assuming they even were genuinely balanced and not just creative accounting fudge-it budgets, smiling and spouting nonsensical platitudes that somehow simply by being in the black the budget will leave sufficiently 'more money in people's pockets' in these financially very tough times is, at best, insensitive. ... And for conservatives, they sure subsidize corporate causes and allow Big Industry to pollute our natural environment quite liberally.

Expand full comment

The Chinese took a different tack, and I borrowed some of your finery to dress up "The Final Solution to the Gini Problem”.

https://herecomeschina.substack.com/p/the-final-solution-to-the-gini-problem?utm_campaign=reaction&utm_medium=email&utm_source=substack&utm_content=post

Expand full comment