As we well know, corporations have a primary duty to protect and improve shareholder value, regardless of anything (except the law, unless that can be rationalised monetarily). And is a problem in a pandemic –… Read More »Corporate Duty vs COVID-19
Imagine a prehistoric family who lived in a cave, high up a mountain – let’s call them the Cave Family. They were quite advanced for their time, and perhaps the evolutionary step that led to… Read More »Coronavirus
This is from an article at Zero Hedge, which is not a reliable source (they are run by the Russians), but in this case is accurate. We are in the virus crisis, and Boeing &… Read More »Privatizing Profits And Socializing Losses
Capitalism has pretty much gone as far as it can go. It is getting harder to find new efficiencies in business, except at the expense of wages and employment. More jobs are lost to automation… Read More »The USA, Coronavirus, and Pure Capitalism
A lot is made of free trade and tariffs. And we all know that countries like China have in recent decades had the significant manufacturing advantage of low wages. Meanwhile the United States as a… Read More »USA & Their Invisible Trade Advantage