Tag: Capitalism
Why Publicly Traded Companies Are Dying Off
For all the hype about U.S. President Donald Trump's alleged business prowess, the painful truth is that high-speed trading, modern financial analytics and political corruption...
The U.S. Military and Police are Socialist Institutions
Contrary to popular belief, the military, law enforcement agencies and fire departments of the United States of America are among the world's most socialist...
Trump’s bogus “states’ rights” attack on Obamacare
President Donald Trump is disingenuously citing "states' rights" as the justification for his efforts to dismantle Obamacare.
If he was really committed to states rights, Trump would...
Working Class Hero: Richie Machado
Richie Machado doesn't look or sound much like the popular image of a revolutionary. In fact, he's the antithesis of a troublemaker looking to...
The Insanity of Annual Profit Growth Expectations
You don't have to be a math major to realize the insanity of the ridiculous profit growth expectations that have taken over big business...
Empowered Consumers Let Their Hands Go
Beleagured consumers have taken a page from the boxing world in recent weeks by "letting their hands go" in their battle with predatory corporations like Netflix and Bank of America.
Boxing trainers use the phrase when they want a pugilist to stop being cautious and pound away at an antagonist with unbridled fury. The effect in the business world has been to turn the clock back on customer relations to a time when more businesses had a moral compass and worried about how they were viewed by those who purchase their products and services.
Consumers have used their wallets to rout both Netflix and Bank of America (BofA) in the past month in a collective
show of force that suggests a new activism has replaced their former apathy, which long allowed business leaders to treat them with disdain. The result may be a sea change in the way business has been conducted in America the past 30 years.
Instead of purchasing political and media influence to facilitate the exploitation of their own customers, particularly in industries like banking and cable TV, corporations now must rediscover how to treat them fairly again.
Boxing trainers use the phrase when they want a pugilist to stop being cautious and pound away at an antagonist with unbridled fury. The effect in the business world has been to turn the clock back on customer relations to a time when more businesses had a moral compass and worried about how they were viewed by those who purchase their products and services.
Consumers have used their wallets to rout both Netflix and Bank of America (BofA) in the past month in a collective
show of force that suggests a new activism has replaced their former apathy, which long allowed business leaders to treat them with disdain. The result may be a sea change in the way business has been conducted in America the past 30 years.Instead of purchasing political and media influence to facilitate the exploitation of their own customers, particularly in industries like banking and cable TV, corporations now must rediscover how to treat them fairly again.
