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Corporate Greed, makes me sick
Former Member
Posts: 1,876,323 The Mix Honorary Guru
It makes me sick how corporate greed seems to have taken over the world.
For example, Coca Cola has used the water supply of a remote Indian settlement to supply a nearby factory. This resulted in the settlement struggling to supply water from its wells, as a direct result of Coca Cola's arrogance, greed and selfishness. Furthermore, peaceful protestors were arrested outside the factory gates, allegedly on the demands of company bosses.
When Enron collapsed, pension plans were wiped out for employees, yet the big fat cat bosses at the top still got away with about $300 million in bonuses for the last year.
Its not just abroad, it happens here too. Big companies like Tesco award ever increasing retirement pay for fat cat bosses, whilst pensions are being cut for workers.
The scary thing is, our Government seems to endorse such greed, as it endorsed the offer of pay rises to Consignia bosses, despite the average postal wage only being around £250 a week. It also seems that our politicians are doing little or nothing to stop corporate greed, on a worldwide scale.
Not sure how some people manage to sleep at night with all this hypocrisy and double standards.
For example, Coca Cola has used the water supply of a remote Indian settlement to supply a nearby factory. This resulted in the settlement struggling to supply water from its wells, as a direct result of Coca Cola's arrogance, greed and selfishness. Furthermore, peaceful protestors were arrested outside the factory gates, allegedly on the demands of company bosses.
When Enron collapsed, pension plans were wiped out for employees, yet the big fat cat bosses at the top still got away with about $300 million in bonuses for the last year.
Its not just abroad, it happens here too. Big companies like Tesco award ever increasing retirement pay for fat cat bosses, whilst pensions are being cut for workers.
The scary thing is, our Government seems to endorse such greed, as it endorsed the offer of pay rises to Consignia bosses, despite the average postal wage only being around £250 a week. It also seems that our politicians are doing little or nothing to stop corporate greed, on a worldwide scale.
Not sure how some people manage to sleep at night with all this hypocrisy and double standards.
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Comments
It's actions like that, which make the corporations very unpopular.
The basic charter of a corporation used to be to provide a service to the public, and they were forbidden from having shareholders. But then of course things change, people get greedy and bend the rules.
The government still has the power to disband any corporation based in Britain, and the legal right to prevent other corporations from trading here.
Although the corporations can effectively hold us for ransom, at the end of the day Britain is one of the largest consumer markets in the world, so we do have some say.
If more people did the same changes could be achieved.
PS, I buy Israeli goods at every opportunity.
I think you're being a little too harsh. They're not exactly rabid.
You wont convince him otherwise....If its not the guardian, its rabid.
Capitalism is by no means perfect, but it's a helluva lot better than the alternatives, whether it be socialism or anything else. We get goods at reasonably low prices. We earn salaries that allow us to live comfortably.
To solve the externalities, one needs market regulation. That normally comes from the government, whether it be in the form of permits to pollute, or government bodies to stop monopolies. Bare in mind that capitalist theory is relatively new, although the idea has been around for a long time. It is only as we become more aware of the workings, and with that, the faults, of capitalism that we will be able to solve the problems it presents. As always, having faith in capitalism will mean the problem can be solved, so thank god for America, which means there will always be enough money to keep capitalism alive and running. But I digress.
Bottom line: yes, it is disgusting, but the problem will nevertheless be solved in due course. Given time, the brains that eminate authority will stop such behaviour.
All the oil companies are as bad as each other. Incidentally, did you know that BP (a British oil company) is the richest one out of the lot...
I personally don't care where my peanuts or olive oil are produced, it doesn't bother me that people are paid pitiful wages, because at the same time those people can buy the same products MUCH cheaper.
A 3 course meal, in a posh restraunt in South Africa won't cost more than a tenner. A state of the art DVD player can be yours for £90, the same one in the UK will cost at least £500. Yes they get paid shit wages, but they pay less for the same goods as us.
p.s. "Fair trade" coffee costs a lot more than regular Nescafe or Tesco own brand coffee, you'll also find that it is a lot harder to obtain outside of London, people in the North being poorer and all.
Yes they are. The Mail Group is obsessed with Family Values (a most sinister term), Conservatism and Europe. Regardless of whatever more important news there might be on the day, you can bet your life that the Mail will devote the front page and as many pages as it deems necessary to speak of the dangers of gay-parent adopting, clause 28 on homosexuality, single parents, the demise of marriage and moral values, or asylum seekers should the subject arise. They often employ obscure 'professors' and 'experts' no one has ever heard of to write 1000-word essays on the papers' pet hates. Their reporting so one-sided and distorted it begs belief they slam Labour for using spin. Their one objective reporting is on the weather forecast, and I'm surprised they haven't blamed Labour for bad weather yet.
The papers' hatred of taxes and asylum seekers has no parallel in British reporting history. For a corporation that claims to be christian and caring they have a funny way of showing it.
The Rothermere family, owners of the papers, has a distinguished history too. They backed the fascists during the Spanish War and favoured a pact of no aggression with the Nazis instead of fighting Nazism. The current Lord Rethermere has an illegal love-child in Australia but this doesn't prevent him from launching blistering attacks on single mothers and unmarried couples on a weekly basis. The papers' regular columnists include such models of tolerance as Peter Hitchens, Bruce Anderson and Stephen Clover who have contributed jewels such as 'single mothers should have their children taken away' or 'drug users should get life sentences'.
So yes, I believe the papers are truly disgusting rags and rabid with many phobias.
And Balddog, other than my dislike of the Murdoch tabloids, I don’t have a problem with other papers. Independent, Telegraph and Times might have their own agendas (as does the Guardian) but they all try to be serious, responsible newspapers.
You'll find that the paper is simply echoing public opinion. I don't know what it's like in Londo, but if you go somewhere in the North, find a pub and sit there quietly for half an hour, the conversation WILL turn to asylum seekers and how people don't want them here.
Doesn't matter what their reasons are, or wether it's racist or not. It is how the majority of people feel. The news of a holding centre being opened in Nottinghamshire has recieved HUGE amounts of hostility, nobody wants them. Ever heard of the NIMBY factor? If the government carries on going against the voter's wishes it WILL lose even more of the votes. The Daily Mail, being a typically conservative paper has seen this, and is making the most of it.
Read ANY paper that is popular with the middle and lower classes and you will find much of the same.
oh...ps The Times is owned by Rupert Murdoch.
soz guys but youre all barkin'!!
when the munchies strike, after a date with madame reefa, an ice cream sunday, a warm apple pie (yes, i know), and a hunky quarter pounda refresh you like notnin' else!!!
you guys think to hard about shit! just eat the shit and chill!
Of course we do. We have to make up for the lack of thought on the part of people like you. :rolleyes:
I do think deep aboutn shit I just like MCDs!!
What's you're facvrit xtra valu meal?
Well, they're marketing departments might, but no-one expects them to tell the truth.
what worries me is that the gov. has more faith and support for the corp.s than it does for its people. Its willing to introduce laws that increase the rights of the companys while reducing the rights of the general population.
Even worse is the gov. belief that national infrastructure is better run by profit-hungry companys than by the gov. itself.
The post office was profitable when it was sold.
But they sold it anyway, and now for the first time since it was introduced its losing money.
the fact is that corps donate money to political partys as well as paying tax's to the gov.
Individuals just pay tax's, so while the gov. is there to help and protect both, the party (and people in the party) will favour the corporations.
Yes this does make me unhappy, yes, i do avoid products and sellers that have made social error bad enough for me to hear about them.
What else can i do?