[quote=pjwal][quote=CA renter]Again, I despise the fact that **workers of all stripes** are being made (brainwashed) to turn agaist each other when the culprits who created our problems are sailing away on their yachts, unscathed.[/quote]
More class warfare from the left. Oh, don’t look at the public sector that doesn’t have to answer to the free market, whose employees are living off a pension that only a few million dollar investment fund could reasonably return. No it’s those evil CEOs and fund managers of the private sector that are creating all of our problems. As if failure in the private sector and losing investment dollars is automatically a crime. There is no arguing that on the whole private sector companies BIG and small, have created the standard of living today. What are you arguing exactly? That we should have some laws to punish CEOs and their families when they fail?[/quote]
We disagree completely about the benevolence of the private sector. Without the public sector that provides the physical, legal, and social infrastructures, private industry could not thrive. It is a symbiotic relationship.
Show me a **SINGLE** country without a strong socialist bent that has a high standard of living. It doesn’t exist, and it’s high time we free ourselves from the dogma of the supply-siders and “capitalists” who willingly destroy everything in their path for their own exclusive benefit.
Those obscenely rich CEOs are paid for with OUR TAX DOLLARS, especially those in the financial sector. Without the govt’s help, many of the financial firms wouldn’t be around today, and those that would have survived would be a fraction of their current size.
Absolutely, those CEOs are paid handsomely enough that they should be held accountable for their actions. That means that if they cause the company to fail, they need to be held **personally** responsible. If not, why are we paying them so much? Where is the personal “risk” we hear so much about that supposedly warrants their outrageous rewards?
We disagree about the “free market” determining prices in the private sector as well. There are so many monopolies and networks, that we are not free to choose from whom we buy goods or services — especially the things we need the most. Choosing between two large monopolitic companies (who are in control of many policies via their lobbies) is NOT a “free market.”
Privatizing profits while socializing gains is NOT “free market.”