posted on Aug, 29 2019 @ 09:37 AM
So here’s my question. At what point is corporate freedom too much? Should we leave corporations and the economy largely unregulated While they
destroy our economy?
The large industries have massively inflated our costs, in the realms of housing, healthcare and education specifically but it runs to some degree or
another through all industries. They have arbitrarily raised prices, specifically in the pharma industry is one good example, where there has been
little to no innovation over the last 15 years, with far fewer new meds or medical miracles, and to make up for it they just drastically increase the
costs of existing meds, while using market controls and bribery to extend patent lifetimes.
At the same time they’ve engaged in wage fixing, artificial scarcity, and price fixing to increase profits. So at the same time they keep our wages
stagnant, they drastically increase our costs of goods and services, without an added quality or value that those goods or services provide. These
extra costs are translated directly to an increase in our need for wages. And the current working class push for higher wages reflects this, though
they are written off as lazy or entitled.
The effect of this is that American labor has been priced out of the manufacturing market, because their wages would have to be high enough to support
the ballooned costs of the housing bubble, education, healthcare, as well as all the other things the us artificially keeps costs inflated on like
sugar, which we pay far more for than the rest of the world, and is in almost everything.
Lastly the corporations promised us cheaper goods if they were allowed to move their industries to other nations with cheaper labor, but this has not
happened. Our middle class and manufacturing jobs have all been sent to other poor countries, and yet the price of Nike’s or iPhones or everything
else for that matter, has not dropped. What has happened is that those companies took those jobs and taxes with them, charge us the same or more for
the products, and pocket the extra profit. That’s 3 ways we’ve been screwed by them.
They claim higher wages or taxes will require higher costs, as if it’s just logic. However, when they are allowed to pay lower wages and have their
taxes cut there is no corresponding drop in prices. See my logic here? They’ve largely destroyed the middle class and turned the us into a service
economy where less and less people have the ability to purchase the products they’re making, or even make ends meet.
Should corporations and the wealthy elite have the freedom to make obscene unfettered profit if the cost is the destruction of the American economy