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Showing results for tags 'Corporations'.
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The only thing protecting us from the corporations is government. If left to the 'free market' you would have a few mega-corporations controlling the global economy, key economic sectors dominated by a handful of virtual monopolies masquerading as duopolies, highly serviced enclaves for the rich while the rest of us would have to do with low-standard housing, high prices, low wages, hugely expensive health care and mediocre services etc. Oh, wait doesn't that resemble the current economic climate. Given the good sense in the rest of your broadcasts it does give me to wonder if you are being paid to spout this kind of nonsense, comes straight out of the plot of Atlas Shrugged. ref
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- capitalism
- corporations
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Hi guys, I have just started a Twitter channel: @ApricotTheory whose goal is going to be ... well, I'll just copy and paste the description: "... The purpose of this channel is to let you know what the political leanings of corporations are so you can make better spending decisions. #GoodFruit #BadFruit ..." Do you know of others who are doing something similar to what I have in mind here ^ ? Please let me know if you do. At any rate, if you think this is a good idea, help out and use those same hashtags whenever something comes to your attention in the news about a corporation. Danke
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So aside from the fact that corporations' liability shield is a fiction, the fact that business can act as they do presents a plethora of problems. To cut to the chase, misinformation, the suppression of information, and dangerous/damaging business practices make for a nasty cocktail. One of the best parts of the market is that price is a fluid and agile reflection of value. It also transmits information quite effectively. How will a free-market world combat the likes of those who would inhibit the free transfer of information?
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- Corporations
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I hope I've posted this in the right place. I recently heard about the 2010 Supreme Court case Citizens United v. FEC, which dealt with regulations on how much organizations could spend on political campaign spending. I really don't know much about the case, other than it was decided in favor of corporations having no limitations on campaign spending, but it wasn't long after looking it up that I stumbled across this Youtube video: http://youtu.be/k5kHACjrdEY, which is the subject of my post. I understand that corporations aren't angels of the free market by any stretch of the imagination, but this video was extremely biased and its animation was a pretty poor representation of reality. My problems with the video are the glorification of democracy, the use of completely one-sided animation (pretty propagandistic, if you ask me), and the use of polls as if they're fact ("85% of Americans believe X"). Oh, and when you're finished with the video, look at the description: "And, for all you fact checker out there," (I guess there's only one fact checker) accompanied by a link that literally is just a description of the video and credits. So... no sources. Beautiful. I was wondering what you all think of this video. Happy to hear what you think.
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- Supreme Court
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- mises
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