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Monday, May 18, 2020

American Capitalism Explained

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.


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