I am Sam, a business guru.Let me tell you how it is.
Not how it should be, that would be
tantamount to pulling your dick.
You must learn the ways of business,
so let's climb this mountain together.
Lesson 1
Even if the management has no choice but to lie, cheat, steal, collude, blackmail, off-load.
They will abrogate human rights, if it’s possible (labour laws, tax laws, off-shoring laws). Not all companies get all breaks. They have to be able to strong-arm politicians, and have to be able to carry out a move to East Asia. International competition thus aids those who can enforce an abrogation of human rights. E.g. big corporations, banks.
The lever of power is debt and greed of the individual and the government. The individual thinks that he should join in so that he will not be screwed. Governments just want tax money, money for the Party, money for themselves.
More later, from Ha-Jun Chang, one of the truthing economists
who says 'free-market economics is a lie'. It's actually more socialised that you might realise.
-Costick67 ~(8^P
checkitout: Ha Joon Chang of LSE
The economics of hypocrisy
After implementing the largest government bail-out in history,
the US continues to tell other nations, "do as I say, not as I do"
o Ha-Joon ChangAfter implementing the largest government bail-out in history,
the US continues to tell other nations, "do as I say, not as I do"
o guardian.co.uk, Monday 20 October 2008 14.00
...President George Bush, however, did not see things quite that way. Announcing the bail-out package, he argued that, rather than being "socialist", the plan was simply a continuation of the American system of free enterprise, which "rests on the conviction that the federal government should interfere in the market place only when necessary". Obviously, in his view, nationalising a huge chunk of the financial sector was one of those "necessary" things.
Bush's statement is not only an ultimate example of political doublespeak – one of the biggest state interventions in history is dressed up as another workday market process – but it also reveals America's long-standing pragmatism towards the free market. Throughout history, Americans have supported the free market when it suits them but not when it doesn't.
