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Forum Post: Corporations are greedy by definition. Government should not be.

Posted 12 years ago on Oct. 30, 2011, 5:10 p.m. EST by mediaauditr (-88)
This content is user submitted and not an official statement

I get excited seeing the OWS movement grow. But why is so much of the focus on corporations, and not on the federal government? By definition, a corporations sole purpose is to turn a profit for their shareholders.To hold corporations accountable is like saying you are angry at water because you don't want water to be wet. Corporations wouldn't exist without greed.

Government sets laws and rules for corporation to function within, and in the past decade, both republicans and democrats have removed critical laws that created the financial mess we are in. An example is the Glass-Steagall act, which had kept investment banks and commercial banks separate. The government made a big mistake by removing Glass-Steagall, and to this day has not corrected the problem.

Does anyone agree with me that much of OWS efforts are misguided?



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[-] 1 points by e307465 (147) 12 years ago

I tend to agree with you but since the movement is so unorganized it is hard to get them to take comments like this and do something. I've been saying a model of growth should be developed for OWS and term limits should be one of the first things gone after. All you get is agreements and disagreements with no actual action. Hopefully something changes eventually.

[-] 0 points by mediaauditr (-88) 12 years ago

Thanks for the comment. Government corruption is so deep rooted in so many of the various protestors issues, why don't we see more anger towards government corruption than corporate greed? Both sides, repubs and dems are equally corrupt.