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Is Corporate Greed Killing America?

Discussion in 'Debate Corner' started by Haze is Dreamin', Sep 26, 2007.

Well, is it?

  1. yes

    28 vote(s)
    73.7%
  2. no

    10 vote(s)
    26.3%
  1. Haze is Dreamin' Banned

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  2. Xion 終わり

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    If by America you mean the plutocracy, then no.

    If by America you mean the poor and lower middle class, then possibly.

    Though Walmart does give extremely low cost goods to the consumer and they make a fortune doing it, the same with Google and Amazon.

    The telecommunications, drug, and oil companies can shove it though! (unless I end up heading one in which case $$$$$$$$$_________$$$$$$$$ :))
     
  3. Sexta Espada Kylahullu

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    Definitely. Hell, you can't even run for a major office anymore without a corporation's support.
     
  4. Sub-Zero GB's Lin Kuei Master

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    Maybe :awesome


    No, it definitely is killing America. It's corrupting the election process (how much more corrupt can it get?) and the judicial process.

    Wal-Mart is a drain on the economy.
     
  5. Sexta Espada Kylahullu

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    Wal-Mart gives low prices at the cost of American jobs. It hurts the economy way more than it helps.
     
  6. Xion 終わり

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    Well I guess I am kind of biased being in business school and all. :awesome

    But that also means I know more about business and the economy than all of you.

    Or at least I should. :LOS
     
  7. Sexta Espada Kylahullu

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    Well, Wal-Mart makes money for itself. Unfortuneately, it doesn't help the economy much otherwise.
     
  8. Rattan High Quality Wood

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    I'd say so. With outsourcing and downsizing, and not to mention profiting off the cheaper labor of illegal immigrants. Some of these companies are just a blight for average citizens.
     
  9. AbnormallyNormal 1 + 2 + 3 = 1 * 2 * 3

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    no, i think corporate greed built the USA and is the driving force behind the USA's superpower status
     
  10. T4R0K Searching for a custom title

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    After reading Stiglitz, I can only say "Yes".
     
  11. Saufsoldat POOP TRAIN CONDUCTOR

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  12. Horu Immomentarily black

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    This ship isn't sinking; it's already a submarine.

    (Yes.)
     
  13. drache who's afraid ofa big bad wolf?

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    I wouldn't go that far but greed is the major flaw of capitalism. And it clearly shows up in America.
     
  14. DragonHeart52 Cooler by the Lake

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    Corporate greed is killing the world with the advent of globalization. We outsource jobs to areas of cheap labor and pollute their environment instead of our own (since our laws are stricter). Same thing with laborer's rights. Then the products are brought back to this country to be sold to a populace who can no longer afford them because their former jobs have been relocated overseas. European nations make some attempt to protect their citizens, but they are inherently more "social oriented" since most of those countries also have a national health plan that provides at the very least primary health care.

    The balancing act will be difficult. We have great technology break-throughs (such as mag-lev) that aren't followed up because a corporation's fear of change and elimination of their market (car manufacturers, railroads (although not so powerful anymore!!), oil companies, etc) and then again, big pharmaceutical companies gouge the public for huge profits by lobbying for laws to protect the abnormally high prices they charge that are unique to this country. In the meantime, their greed is killing their marketplace. Not real far-sighted, are they.
    Theory, maybe, but not necessarily reality. Reality is never as pure as theory. Plus, with the number of members on this forum, do you really think you are that unique?
     
  15. Kojiro Ganryu Sasaki アルかわいい

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    Greed is not a flaw. It is an asset. Extreme greed, on the other hand, is very dangerous.

    Greed in moderation leeds to progress, but in extreme it leads to conservatism and stagnation.

    Anyway. A corporation is a necessary parasite. It provides, but it also takes. The problem with corporations is that they stand above national borders in a way that humans do not do. They have the money and the power to basically do whatever.

    As an example i will use a fictional corporation called X-Corp. If X-Corp needs cheap labour for producion they can move their production to a country with low wages and there produce whatever they need and sell wherever they want. Globalisation. They find the cheapest place to get what they want, and then they sell that product elsewhere.

    On the other hand. I'm sitting here with a DVD. And for some reason, this DVD wouldn't play on a DVD player in the US (i'm in Sweden). This means that while there are a crapload of legal (non-bootleg) DVDs produced in China etc i can't actually go there to buy cheap movies, or order from there. There's a barrier in the way called Region Coding.

    The "official" reason for the existance of RC is to allow the movie companies to coordinate movie releases so they can focus marketing on one region at a time.

    But maybe not without intention, the region coding also prevents YOU and ME from utilizing globalisation for your own ends. To make matters worse, there are LAWS against removing the region coding in many countries. Why do you think this is?

    Because corporations want to rape low-wage countries to make cheap money, yet they don't want YOU to be able to pick where and for WHAT PRICE you buy your movies. They want globalisation for themselves because if you coud buy cheap as well, they'd lose their fat margins.

    Arrrrgh.
     
  16. mislead it's just Che Guevara

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    Note one thing: It's not really the corporations who are greedy, but the stockholders who pressure them into maximizing profits. And nearly half of American households participate in the stock market. It's a downward spiral, really.

    The most glaring example of a similar mechanism is Wal-Mart. Where do you think it's employees go shopping, with their laughably low wages? That's right, Wal-Mart, because it's the cheapest. And thus their own consumer choices validate their economic position.

    I'm not even going to get started on the political campaign financing system...
     
  17. Seren Bitch Slap of the Kage

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    Is it killing it? No, it hasn't gotten that far. Is it damaging it? Well, yes. Corporate greed tends to do that.

    But it's the 'me first, me always' attitude that's slowly choking it to death- both America and the basic American dream. People are so focused on the 'me' aspect that they don't realise that working to create a better society helps them in return. Keeping Americans employed = more money going into the economy = things are better. And when employing overseas, giving them decent wages and holding good enviornmental standards not only helps the world as a whole, it makes you look like less of a douche.
     
  18. Denji Noctis Lucis Caelum

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    Corporate greed isn't killing America, but it certainly isn't helping. If it keeps up for another decade or so, things will be worse off.
     
  19. Detonator_Fan Suiseiseki is mai waifu

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    No.

    I thought that regular americans had better education in economics than brazilians (being the world's richest country, having the better econ schools, etc). Well, I guess I was wrong.
     
  20. Horu Immomentarily black

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    Heh, well, to that extent, I wouldn't call the country anything other than a greed empire, or the greed capital of the world.

    As for killing, I would even say yes, it literally is. Genetically modified foods now anybody? Do a little research on Monsanto corporation. Better yet, dig up the documentary "The Future Of Food", see what's being done (and done away with) in the name of more money.
     
  21. drache who's afraid ofa big bad wolf?

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    Not all genetically modified food is bad, hell you probably eat gene modified food as it is and don't even know it.

    Progress must always be tempered least it run wild but at the same time you can't stop progress and gene modified crops are the future.

    America, and Americans still do things simply to help; so it's not a complete weck yet. And frankly I think you do the majority of Americans a disservice by painting with such a wide brush. Natural and man man diaster after diaster people in America have donated food, time, service what ever they could and some even more then that. It's not as bad as you think it is, though neither is it all sunshine and roses.
     
  22. Ters Bio-Boosted

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    Thanks to the families behind those corporations, yes.



    A documentary on children of the insanely rich. Watch this and just from the attitudes of some of them, it's apparent things aren't going to change for a while.
     
  23. gobberpooper Yeeeessssss?????

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    The hemp plant, where marijuana comes from, is very very useful. The seeds are very nutritional and all and can help with weight loss. The seeds can also be used to create a plastic that is ten times stronger than steel. It was supposed to be used in the original car design by Henry Ford. It can be made into paper and is very recyclable. And it has high amounts of energy that can be used in cars. It grows within 2 weeks so there is an abundant supply. But the fact is, people care more about their money than the world. Billionares want to stay billionares. They r a bunch of snobby c*** sucking b****es.
     
  24. neko-sennin AKA shadesmaclean

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    Quite literally.

    Do you know what's in our air, water, soil, food, even our households anymore? Science hasn't even mapped out all of the long-term effects of many of these chemicals on the human body. Scientific expeditions have even found traces of these substances in places on this planet where humans have never been known to have set foot before, it's permeated that much of the Earth.

    Cancer? Freak allergies? Strange new diseases? Yet how many people actually see the connection between their environment and their suffering? It's all been sold to us that smoothly, even as dirty secrets and recalls roll out every year on things deemed "safe" in their marketing campaigns.

    Though personally, I'm not going to freak out and go vegan or anything that extreme, I do tend to let new things hang around for a while, sniff the air first, before deciding to join in.
     
  25. Botzu Code Monkey

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    ^^; the purpose of business is to make money... i know it would be great if they really cared about the people who drive their cars but really its about maximizing revenue. I am sure though if their was a market for the super cars you are suggesting and that it would produce more revenue then selling what they are selling now they would gladly change.

    the real problem isn't the corporations but in the consumer, if the consumer wanted safer cars and were willing to pay the price then they would be produced.
     
  26. Detonator_Fan Suiseiseki is mai waifu

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    That must be the reason why life expectancy is decreasing...

    Oh no, wait, life expectancy is actually increasing.
     
  27. drache who's afraid ofa big bad wolf?

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    Increasing for whom?

    Those lucky enough to be in a 1st world country like the Britian? What about the rest of the world?

    Botzu,

    That's great expect for all the misinformation the corpations put out, all the money they feed the goverment and how they recklessly pollute the enviroment (yes those are generalizations but corpations in general they hold up well).
     
  28. Xion 終わり

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    Amazing how many uneducated people post like they know all about economics systems and business.

    To think that only the US is the center for corporate greed is a fallacy in and of itself, not to mention your definition of "greed."

    While I won't say that there is no greed (there is), labeling every single "major" corporation as such is inane. Do any of you even know what an Balance Sheet or Income Statement is? How about shareholder value? Revenues? Net income? Come on people, don't make your opinions just to fit in.
     
  29. drache who's afraid ofa big bad wolf?

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    Amazing how you seem to feel you're the only one fit to have an opnion.
     
  30. AbnormallyNormal 1 + 2 + 3 = 1 * 2 * 3

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    i think that greed is what drives our economy.... each person is greedy, but because of the magic of money, we all end up having to help each other to help ourselves
     

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