Capital will always search out the cheapest labor. That labor may be in the next state over, or in an entirely different country. Healthy competition makes us stronger. Therefore, a mandated minimum wage should be eliminated.
Making laborers compete to see just how little pay they are willing to work for keeps businesses lean and competitive.
Mandatory minimum wages make workers soft. As does government subsidized
universal health care and a sufficiently large safety net. Soft, coddled workers
are a drag on our free market.
Businesses must be allowed to exploit workers. Workers, after all, are a disposable commodity.
Therefore, because of this "disposability", shareholders are much more important than workers.
Everything must be done to maximize shareholder value.
Businesses must be allowed to pollute the air and water. Any kind of regulation is just a step toward socialism. This includes safety regulations.
Ridiculously large bonuses for management are essential to keep "good" people.
Remember, corporations are people, too.
If you fail--that's your problem. If a bank fails--that's your problem, too.
So banks must be saved at all costs.
While you, after all, are disposable.
Don and David. Just two guys from Arizona who tend to get a bit ticked off about all sorts of things. So we've decided we need somewhere to vent -- and we will vent about anything. Mostly politics, but we'll talk about books, music, movies and anything else that strikes our fancy. We're also pretty big Springsteen fans (especially Don) so you're likely to see some videos here.. We hope you will let us know your thoughts about our rants -- but we promise to treat you fairly.
metatag
Monday, May 18, 2020
American Capitalism Explained
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