Class war?

Discussion in 'Politics & The Economy' started by Oldboy1934, Dec 26, 2011.

  1. Oldboy1934

    Oldboy1934

    Joined:
    May 8, 2008
    Messages:
    704
    Products Owned:
    0
    Products Wanted:
    0
    Trophy Points:
    28
    Ratings:
    +67
  2. pandemic

    pandemic
    Well-known Member

    Joined:
    Dec 28, 2008
    Messages:
    4,578
    Products Owned:
    0
    Products Wanted:
    0
    Trophy Points:
    136
    Ratings:
    +1,167
    You should point out this is an American article about the American economy.
    Also I fail to see anything class related, more big corporates vs the people.
     
  3. Oldboy1934

    Oldboy1934

    Joined:
    May 8, 2008
    Messages:
    704
    Products Owned:
    0
    Products Wanted:
    0
    Trophy Points:
    28
    Ratings:
    +67
    Corporations tend to be global, and big corporations vs the people tend to be about class.

    We could a post about Tesco & Sainsbury and the rest taking part in the government's workfare scheme to make it more UK relevant I suppose.

    The point is, can you see who profits out of the western world's current economic crisis?
     
  4. Trollslayer

    Trollslayer
    Distinguished Member

    Joined:
    Feb 11, 2007
    Messages:
    22,883
    Products Owned:
    0
    Products Wanted:
    1
    Trophy Points:
    166
    Location:
    Poole
    Ratings:
    +8,586
    Also, what do you mean by corporate profits? Before or after R&D for example, this is a very big part of epxenditure for a number of high tech firms.
     
  5. pandemic

    pandemic
    Well-known Member

    Joined:
    Dec 28, 2008
    Messages:
    4,578
    Products Owned:
    0
    Products Wanted:
    0
    Trophy Points:
    136
    Ratings:
    +1,167
    Well in a recession it's whoever has money and is in the 'black' that profits as they have the money to buy up smaller struggling 'assets' that are going cheap. Nothing new to this and not limited to the western economies either.
    In the same way the people who were 'smart' enough to prepare for such a crisis, would be capable of weathering the storm and those even more 'smarter' will profit from it.
     
  6. Oldboy1934

    Oldboy1934

    Joined:
    May 8, 2008
    Messages:
    704
    Products Owned:
    0
    Products Wanted:
    0
    Trophy Points:
    28
    Ratings:
    +67
    Corporate PROFITS?
     
  7. the-demi-god

    the-demi-god
    Active Member

    Joined:
    Oct 12, 2009
    Messages:
    188
    Products Owned:
    0
    Products Wanted:
    0
    Trophy Points:
    18
    Location:
    Glasgow
    Ratings:
    +18
    I do not have a problem with any company or person who is making reasonable or even good profits, when it is used for R&D, company expansion or stabilisation and is not at the expense jobs.

    When it is just so that some bod at the top can take home an outrageous bonus at the expense or instead of the above when they are already being paid more than a fair salary for what they do, that is when it becomes part of the class war.
    Sad to say there is more of it about. For some time now we have being turning into a society of haves and have nots.
    The question I have been asking for some time is what do the corporate co think will happen when the people at the other end are sick of paying for their snobbery.
     

Share This Page

Loading...
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice