The mantra of the 80's and 90's was “Greed is Good!”
The mantra of the 00's seems to be “The World runs on Greed and Fear — Get used to it!”
Well, here's some “Fun Facts” (about this never-ending Pursuit of “Wealth for Wealth's sake”)
1. Of the 100 largest economies in the world, 51 are corporations; only 49 are countries.
2. The Top 200 corporations' sales are growing at a faster rate than overall global economic activity.
3. The Top 200 corporations' combined sales are bigger than the combined economies of all countries minus the biggest 10 [countries].
[ and those Fun Facts are from 2000! Just image where we are now after 8 years of the Bush Giveaways …]
http://www.corpwatch.org/article.php?id=377#key
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That's what “Business as Usual” really means.
The real problem with “Corporate Greed” … is they just “keep moving that darn Finish Line” ….
Question: Have you ever wonder WHY Globalization is such a buzz word in Corporate circles, for the last decade?
Answer: Because of all those “untapped resources”, just ripe for the taking.
Countries of the World
Gross National Product (GNP) Distribution – 2005
http://www.studentsoftheworld.info/infopays/rank/PNB2.html
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Fortune (Global) 500 – 2007
http://money.cnn.com/magazines/fortune/global500/2007/full_list/index.html
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CEO Compensation – 2007
http://www.forbes.com/lists/2007/12/lead_07ceos_CEO-Compensation_Rank.html
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Global 500 – 2007
The Most Profitable
http://money.cnn.com/galleries/2007/fortune/0707/gallery.global500_profits.fortune/index.html
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Market Watch
Profits surge to 40-year high
When will corporations spend some of their hoard?
March 30, 2006
WASHINGTON (MarketWatch) — U.S. corporate profits have increased 21.3% in the past year and now account for the largest share of national income in 40 years, the Commerce Department said Thursday.
Strong productivity gains and subdued wage growth boosted before-tax profits to 11.6% of national income in the fourth quarter of 2005, the biggest share since the summer of 1966.
…“It's a big puzzle,” said Josh Bivens, an economist for the Economic Policy Institute. “If this is a knowledge economy, how come the brains aren't being compensated? Instead, the owners of physical capital are getting the rewards.”
…
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BC4257910-8351-437A-8C00-E4CF3B782091%7D
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Distribution of Wealth Trends in the US
Which Track do you think all those Corporate Interests are on?
http://www.bluehampshire.com/showDiary.do?diaryId=3015
http://afferentinput.blogspot.com/2007/12/if-america-had-100-and-100-people.html
Right Barack, Right Hillary,
let's give them EVEN more seats the table …
Yeah that's the Ticket!
Question: Now about that unchecked “Corporate Greed” … when will any of them ever say “Enough is Enough”?
(Greed doesn't really work that way. In Fact, Greed may even be BAD, for most average folks.)
Let me see … John Edwards IS saying “Enough is Enough”!
Here's the Choice
http://www.youtube.com/watch?v=LdaN1R7M5dw
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In depth video: John Edwards on CSPAN 12.28.07
What he's fighting for …
http://www.vsocial.com/video/?d=184534
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Sounds good to me. I'm Voting for Edwards —
and you can't stop me!
One problem with “Corporate Greed” … is that they just “keep moving that darn Finish Line” —
Another very real problem with “Corporate Greed” … is that only “the select few” are even allowed to “play in their Game” …
The rest of us are simply left with that “day to day struggle just to survive” … that's the Economic Darwinism we've all boughten into.
I sure wish there was something we could do about this?
When will the “super rich” start to “pay their fair share” too? (Maybe when WE make them?)
Learn more about how we've been sold a “bill of goods”
Free Trade vs Smart Trade, Edwards takes on the Supply-Siders