Capitalism, What a Concept!

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Pilant's Business Ethics Blog

Reading a newspaper i464Capitalism, What a Concept!

If you read the story below you will discover that large corporations are receiving enormous sums of money from state and local governments. Apparently, free market neo-liberalism is good for the common folk like us but we must not speak the dire word, competition, when it comes to large corporations. After all, why should a multi-national organization with billions of dollars in resources do the hard thing like compete in a free market when they can milk state and local governments?

So, it is neo-liberalism for us and corporate welfare for them. Can you say, “Hypocrisy?”

What does neo-liberalism for us mean? It means depressed wages, direct competition with workers in undeveloped nations, continued decline in what we can expect in terms of education and any other government benefit, and that we will be forced into ever more dire circumstances of economic insecurity.

What does neo-liberalism mean for multi-national…

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