"Corporate Greed"

[DeistPaladin]

Much has been made lately about "corporate greed" and how much people hate it. As a businessman myself, it strikes me as hating the fox for eating chickens. What else do you expect? It's their nature.

The first thing I learned in Organizational Behavior 101 is a simple rule: You get what you reward.

Don't hate the fox for eating your chickens. Hate the stupid system that put the foxes in charge of your chicken coup. We don't need to hope that "corporate greed" magically goes away. We need a government that can properly regulate the market to counter balance corporate power.

The problem as I see it is not just corruption is in the system but that corruption is so much a part of the system that you can't get elected without selling out in some way. "Pay to play" is the rule. That money has to come from somewhere and the providers will expect something in return. That money is then used for political ads that run on 30-second soundbytes rather than substantive discussion of the issues.

Solution that I would propose? Ban all political advertisement. Replace them with debates. Free speech remains free, but you can't buy more.

[Faith No More]

I think reversing the 'Citizens United' ruling by the SC would also be a good start.

[thesummerqueen]

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Hate not contributing anything useful to your threads, DP, but until Adrian runs his fix and hopefully gets the subscribe button working for me, you'll have to excuse the squatting.

[KichigaiNeko]

Funniest thing is that "Corporate Greed" is the very Humanitarian projects...I'm sure that I saw an article from some Uni study about some where...

[Minimalist]

Don't hate the fox for eating your chickens.

Tally Ho!!!

[bozo]

In my opinion, the best way to tackle corporate greed is a strong trade union movement supported by a progressive government.

[DeistPaladin]

In my opinion, the best way to tackle corporate greed is a strong trade union movement supported by a progressive government.

Unions can be bad too if they get too powerful. Potentially they can protect inept workers and restrict management's hand in rewarding talented but non-senior employees. I believe that capitalism works best when there's a balance, corporations vs. government, unions vs. management.

That said, the balance of power has shifted radically too much in favor of corporation/management.

[Minimalist]

Potentially they can protect inept workers

The one thing I noted in my union days was that when managers whined about inept workers they were never talking about themselves. Some of the management decision that employees were expected to overcome were truly mind-boggling.

Most of business' problems come from shitty management decisions that they try to blame on the workers.

Well...WHO hired those inept workers in the first place? Wasn't the union.

[Oldandeasilyconfused]

Much has been made lately about "corporate greed" and how much people hate it. As a businessman myself, it strikes me as hating the fox for eating chickens. What else do you expect? It's their nature.

In their nature? Of course,they are human beings.

Can't help but think of the Roy Orbison song "Working For The Man":

I work all day
Without much pay
But I'm just biding my time,
For the com-pan-y
And the daughter you see
Are both gonna be all mine

It's not so much that people resent greed and corruption all that much,but they REALLY resent being excluded.

[HeyItsZeus]

Yes, corporations exist only to produce a profit for share holders. If it was legal they would blow up Jupiter if it made them a profit, so to say.

That's why we have regulation. They can only make profit within set "lines."

For example: It saves them money if they dumped toxic waste into a lake so people living around the lake say "nah, brah" and laws are made forbidding them to do so. They make less profit but, hey, the people have spoken!