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Global survey reveals discontent with U.S.

I think that was my point all along omega. I would concede that some drug companies are probably overly greedy and could do more in terms of being helpful but they are all businesses and therefore need to make money. I think as I stated before somewhere between the extremes is where reality lies.
 
Welcome to the debate father, glad to have you aboard! There is a lot of truth to what you just said, so I'm gonna stand on the highest level of the bleachers (whatever the heck they are!) and holler my support. The power currently seated in America has nothing to do with Americans really. The fact that it is sited there is the reason that America is as all pervasive and powerful as it is today.

It never used to be that way. Formerly it was seated in Britain and prior to that split between Holland and Spain. France nearly got in on the act, but never quite made it. I hope patriotic Americans out there don't take it as an insult to their national identity when companies that happen to be based their come under fire.
 
BigJim, this raises an interesting point many large companies even if they are initially based in the US have many offices all over the world. Even companies not started in the US probably have offices and warehouses and such based in the US. This begs several questions. Does any company really belong to its country of origin anymore? With all the parts for a TV set coming from Malysia, China, Taiwan, Japan, etc. does it even make sense to associate that country with the company where it was initially based? Are big companies controlling governments or is it the other way around or are they independent of each other? To be honest I'm not positive what the answers are. All I do know is companies need to make money to stay afloat.
 
hi omega, the problem is that companies want to make as much money as possible regardls of the suffering it will create, that is the nature of capitalism and that is the problem.

companies should be run much more democratic, and should be in buisness to serve the interests of the people and not their elite stockholders.

if those elites loose power, i dont think the corporation will collaspse, but they certainly arnt willing to concede it.

during the somoza dictatorship in nicaragua, a company used to dump pure murcury into lake managua. after the revolution and people forced them to stop. thats because after the revolution the people actually had some type of power other than when they were living under the somoza dictatorship which was basically run from the US.
well this really pissed the us corporations off (not just that one incident) and they began lobbying for for a terrorist war against the new nicaraguan government, with their close allies in the military this wasnt hard to do and they got it. tens of thousands of innocent nicaraguans were killed, civilian infrastructure was targeted by the terrorists who were directly on the payrol of the cia(iran contra came of this), and made no base for political support from within nicaragua. but they had an endless budged and they began to destroy the government from the inside out. the sandinistas lost the election (yes an election they brought democracy to nicaragua) and a us puppet regime was back in power(funny side note, thier current president is being indited for stealing millions from the people)

but anyway my point being they dont give up without a fight, and they will kill and torture for their right to exploit. but if we make this institutions more democratic, like give the people in nicaragua a say, and the workers of the company a say, things would change for the better.
 
Is that not the purpose of any company to make as much money as they can? Do companies in Europe like Ciba-Geigy operate on the "we are only are going to make a little money." principle? If I start a business and tell the stockholders "Hey were only going to make a little bit of money just enough to stay afloat.". Are they going to keep me for very long as CEO? I don't think so. Companies make money. They reinvest some of the money back into the business. The business grows. They hire more people. Stockholders, many of them middle class, make profits from the growing business. The business makes more profits. Thats the way companies work whether they are here or in europe or anywhere successful companies exist.
 
1% of people control about 50% of all of the stocks. most middle class people who own some stock dont own anthing in comparison to the stock holding elites who are the ones who are able to make choices. the avereage ceo makes 430times the average employee salary, and that disaprity is rising
 
True I don't own as many stocks as Bill Gates, but my mutaual funds and 401K are all tied to the stock market. Yours are too probably. If all the rich guys companies do really well then my mutual fund goes up. Now I won't be living in a mansion but I will at least be living pretty good. The ideal is the standard of living goes up for everyone. I can do squat about some CEO's six figure salary but if he is smart and I invest with him. I can make some money and do OK for myself. Thats the trick if you can beat em, join em.
 
not if you work at enron, and actually as the rich get richer, the living standard for most people drops (even just in the US) and of course it drops and has been dropping globaly. NAFTA has been disasterous for working class people here and as i said cause a full scale armed uprising in mexico.
 
Fortunately I don't work at Enron but at a midsized company which tend to do better when the economy is not doing so well. I've done OK in that regard with respect to stocks. I'm by no means a stock expert, but I see this as a opportunity to get some good stocks at a low price. Historically speaking the Dow Jones has always gone up over time here in the US. Sure there have been downturns but for those that hang in there they have always been well rewarded.

As for ENRON I see it as survival of the fittest. It was poorly managed and went bankrupt as it should have. Many that lost their shirts got overly greedy and invested all their money into it. Not a wise choice but still sad nonetheless. KMART is I think doing badly as well since they cannot compete with WALMART. UNITED has gone bankrupt probably do to poor management as well. Companies will fade from the scene and new ones will take their place. Thats just the way businesses are.
 
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