While I agree that corporate self-interest soimetimes seems unfair, may I remind you that without business investment and risk taking with their capital, jobs would not be created, factories and plants would not be built. The evolution of business iin the twentieth century presents an interesting opportunity for discussion, oriented around deciding if it would have been better (and is it still) or business to lose money and close plants in the U.S.. or participate in moving manufacturing overseas to low-wage (and regulation) countries so as to participate on the growth of world trade?
I myself wonder at where the "lower prices" for goods are that were supposed to be a benefit of opening U.S. markets.
It turns out that businesses' need for growth and profits , along with American Consumers desire for more products, more choices, more consumption, combined to give us a higher standard of living, but less "life."
Read the Article at HuffingtonPost
No comments:
Post a Comment