Archive for January 29th, 2013
Corporations are not People!
Posted in corruption, Economics, recession, the Rigged Game, Uncategorized, tagged corporations, people on Jpm1000000pmTue, 29 Jan 2013 14:04:02 -080013 10, 2010| 1 Comment »
Do Americans Want Shared Prosperity?
Posted in corruption, income redistribution, the Rigged Game, Uncategorized, tagged income redistribution, Labor Unions, polls, Ron Wyden, shared prosperity, Wall Street, working Americans on Jpm1000000pmTue, 29 Jan 2013 13:47:56 -080013 10, 2010| Leave a Comment »
By a wide margin, a recent study showed that American citizens want shared prosperity. Moreover, the vast majority of workers—85% to 90%–wanted a greater collective say at the workplace than they had. Moreover, most workers thought that greater representation and voice to employees at their workplace would be good for their firm as well as for them. Perhaps that’s because most CEO’s are clueless idiots.
The problem with shared prosperity is simple; the 1 percent have bought off corrupt politicians like Wall Street Senator Ron Wyden. The senator goes out of his way to ensure that income is redistributed to his corporate masters and the rest of the 1 percent via things like free trade treaties and privatizing Medicare. That’s why economist Paul Krugman calls Wyden a useful idiot of the right. But Wyden isn’t an idiot, not completely, he’s just a Wall Street fetch boy.
In another finding, the proportion of workers who want unions has risen substantially over the last 10 years, and a majority of nonunion workers would vote for union representation if they could. This is up from the roughly 30% who would vote for representation in the mid-1980s, and the 32% to 39% in the mid-1990s.
Click on the link below for the full study.