Forum Post: FOCUS US Wage Gap, Wage decrease, Insight: Oligopoly Take Over, Solution: Anti Trust Laws
Posted 11 years ago on Dec. 29, 2012, 10:05 a.m. EST by Middleaged
(5140)
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Proof of Oligopoly Ascention: The Wage Gap, the reduction of wages for poor & MIddle Class, and outrageous Executive Salaries in Giant Corporations. Realized while watching the Robert Reich Video on our Future or Where US is Headed. He Gives a talk comparing today to what happened in the Depression. He says we have seen this before in our History. We can look back and look at at least 2 Solutions that FDR made. And we can look at see only one Solution that Obama has implemented. Check out the Video.
Tell Everyone We have to Break up Big Corporations, so that they can no longer afford to pay the Big Salaries and Complex Compensation Packages. Sort of like a cap in salary that FDR put together. When executives have to run smaller businesses, they will want a level playing field. So Breaking up Corporations will have many effects.
1) Will cause smaller Businesses to Compete with one another and money will be more diffuse in the system.
2) Will likely lead to Investment from the Remnants of the Larger Corporations as they try to get Competitive Edge over other corporations and businesses.
3) Will cause more executives to get to know their workforce and work more closely with employees in discussing wages & compensation.
4) Will help smaller businesses compete.
5) Will proably lead to increased avaibility of Loans to small businesses.
6) Will bring down Executive compensation. Smaller Revenue and Profit does that. Smaller Scheme in other words.
There are some cautions. The new law would have to place caps on different parameters like Total Capitalization, Total Market Share, Total Global Market share, and in the case of banks look at Investment bank market share,... and should consider breaking apart Investment banks from Savings and Loans and other kinds of Banks. Proably have to look at Private banks which are unrelgualted currently and unregulated financial Instruments... those represent Market Share too.
Also this is just old ideas like old law we already used in the USA. Anti-Trust Law. Sort of sounds like Bank Trust of the 1910 era. We broke up Ma Bell, and Standard oil, but beyond that ... the Lobby Must have taken over Washington DC.
The Next Economy and America's Future - Reich https://www.youtube.com/watch?v=b-4lirM0czg
Robert Reich: Where is America Going? https://www.youtube.com/watch?v=SzxDPQ3pZpg
We can spend our own taxes on helping ourselves rather than allowing the system/politicians to continue doing as has been done. This war is costing us in sooo many ways and will keep getting more so. As long as killing in our name continues there is no repair or remedy likely to be found. You can take it apart and put it together calling whomevers whatevers and will not find any simpler just and necessary answer for it is right NOW STAND UP AND STOP THIS WAR. Freedom Rings 2013 in my name today PEACE P.S. Should no other candidate appear I will be offering myself as the next President I love this country and would be honored to serve.
Yes, lets shift billions from the military and from war and foreign bases. That money would better be spent in the USA. Economics wise... We probably don't want to cut the budget much this year... Although much of the military money just goes in someones pocket.
Austerity is a danger. But government can find efficiencies that in the end save money for the budget by the end of the year. Waste is always present. And we can shift money from corporate welfare to other programs. Canceling out Tax credits will bring down executive pay if combined with other policies.
Breaking up giant corporations will also decrease the War Lobby and other kinds of Lobby of Congress for corporate welfare.
Before cost and budget the well being of not only our citizens/soldiers also brothers and sisters everywhere should be the priority. Money comes and goes how we care for each other matters. It would cost less to pay soldiers and help them recover from this nightmare war crisis. I was referring to bailouts of all sorts, taxes should be preparing for renewable energies while creating jobs and helping have an earth to live on.
Yes, lets stop the war, and lets shut down bases in Germany, South Korea, and Japan... If we have a good government they have to prove it. They need to fix things. No excuses.
Right action, develope renewable energy through government investment... Minnesota encouraged Wind Energy with many tax strategies.
The Right Action on Bailouts is to stop. The banks are not investing in the US economy, Corporations are not investing in the US economy, Small Businesses can't get any money... The policy is not working for the right kind of invetment only gambling. Really doesn't seem to be any domestic policy or help for small business development.
Sounds like you know our Foreign Policy is like 60 years old and getting worse not better.
Our biggest problem regarding economic inequity.
Corp profits have been diverted from the 99% to the bonuses of the 1%.
Living wage, increase minimum wage, encourage employee ownership and decision making.
Right, Exactly. But the way you put it sounds like a union demand or even the kind of thing that Mitt Romney warns against.
The TRUTH. As Corporations get Larger, The huge Compensation of Executives will get larger. It is like foot ball players. The more successful the team, the more they can afford to pay the players and Coaches.
Systems get more CORRUPT as they get Larger. Corporations have Ruled the World since either 9-11 or when Citibank merged with AIG. Maybe they have ruled since Reagan got in Office. Maybe it was when they deregulated banks in 1993.
The Bank Trust is back. Break them up or pack your bags. And it is the people that are also corrupted by power and money. The Truth. They don't care about Middle Class Wages. Break them up or Pack your Bags.
I support breaking up the banks, the media conglomerates and any other massive conglomerate.
The current corp takeover began after WWII but accelerated during the Reagan revolution.
Much work and years of street protests will be necessary, slow progress, & setbacks should be expected.
You are wise. I'm sure this is a trend from ... perhaps even 1880. As the silver certificates were targeted. Farmers held bonds, silver certificates... and the bankers went after them. Drove them into the dust and into death. It was as today they target african countries. Hit 'em when they are down. Bankers swoop in to get the few thousand dollars through price hikes on commodities.
There is a terrible evil going on. How can we tell the story. Movies. TV. Cable sit-com. There should be many movies... The end is near.... The time is running out. It is over. The earth is done.
LOL. Well things are pretty bad, Certainly you got the bad guys spot on. And I agree with who they victimize. But I can't agree that the earth is done, or that the end is near.
Maybe the end is near for the bad guys.
Good Man. Leadership is about looking forward and having Goals. Your goals are impecable. Your leadership is also probably spot on. No one here can complain or question your priorities. Really I like your statements. I believe in your leadership. You are moving forward into the fight. You have goals and you will succeed.
I wish you the best. And I will speak to support you. I will try to bring people to your side to protest or fight with you.
I am honored.by YOUR words. And I am impressed by your comments. Wouldn't wanna say I am much of a leader here at Occupy but I am confident in my views of this movement.
A strong, growing progressive movement is long overdue. The people have been underserved by it's ansence.
We have only just begun. Patience & strength are critical if we are to succeed.
Well governments came make leaders. The way to make leaders in OWS is to start hinting to people that they have it inside of them. Often it is not that people are born to leadership. But it does take a start and experience starts to build. You already have engaged in the discussion and probably can convince many other people.
Least we can do. I am energized by people like you who are with us, and understand the issues, and the challenges.
Solidarity