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Capitalism vs Corruptism

Journal by Gaaark

I have nothing against capitalism: what we seem to have nowadays is Corruptism.

Corruptism is the collecting of wealth no matter who or what.
Need another dollar? Bribe a politician to make the laws favour corporations over people.
Need ANOTHER dollar? Cut wages and hours.
Need ANOTHER dollar? Layoffs.

It use to be that employers made, what, 400X what their employees made? Now an employee has to work 2-3 jobs just to live while the 'boss' feeds the pork to make ONE MORE DOLLAR!

A little more kindness would see us in a better world.
I'd like to see politicians start thinking of the people who voted for them.

Lets get back to basic Capitalism: Corruptism is not working.

 

Reply to: Supply and Demand

    (Score: 0) by Anonymous Coward on Thursday December 13 2018, @02:14AM

    by Anonymous Coward on Thursday December 13 2018, @02:14AM (#773843)

    Need ANOTHER dollar? Cut wages and hours.
    Need ANOTHER dollar? Layoffs.

    This is not a problem with capitalism.
    Market pressures determine the costs of labor and, if a company could be more profitable with fewer workers and lower pay, then why should they pay more unless they determine it is in their interest?

    I'd like to see politicians start thinking of the people who voted for them.

    Politicians are driven by incentives, just like everyone else.
    If people keep voting for them, despite the perceived corruption, then why should they change their behavior?

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