Monday, July 19, 2010

Imports from our companies

 Since we no longer have a strong labor movement in this country the interest of the profit of corporations is the top interests of capitalism without regard of what is best for the United States or the population of this country. In Germany, 50 % of a board of directors of any corporation is made up of the employees, so the long term health of the company is taken into consideration in all changes along with the interest of the shareholders.

Since 1970 real wages have not gone up in this country, simply put people are working more hours, more jobs and have more debt.  The change is partly the introduction of the computer, more women in the work place and more immigrates.

The tax code for corporates have changed, also, along with the social structure of companies. The old method of working one's work up in the business for thirty years and becoming the top CEO is long gone.  Bonus are paid to presidents of that producing quarterly divides, it is all about mergers and taking the factory overseas.  We can say that the Chinese export everything to this country and it is their fault but in truth 60% of those factories are part of American Corporations.  The climate of profit has made it necessary for any corporation to move oversea or go out of business.

The think tanks have created an atmosphere that pictures corporation as the victim of our tax system.  With the freedom to lobby congress and the law makers in the last 30 years nothing is less true.  Laws and the rulings of the supreme court have moved this country to produce the glidden age again. In the meantime, the CEO pay has gone from 24 times a employee's salary in 1965 to 275 times the average employee in 2007. 

We can not bring back the jobs that went overseas.  The unemployment can only be solved by massive public works programs for the common good.  This will not happen while the corporations control our  congress and the White House by funding our elections.  Package the problems any way the media wants , the facts are the facts.

No comments:

Post a Comment