Milton Friedman on the Social Responsibility of Business – To Increase its Profits!

Hi, Recently, I wrote an article titled Examples of the Inherent Corrupt Nature of Corporations quoting Bakan's conclusion that corporations are inherently corrupt because they are legally bound to place profit over everything, even the public good and provided relevant and timely examples in support. I've also written a few articles criticizing corporate hegemony: Under Oath, …

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Examples of the Inherent Corrupt Nature of Corporations

Hi, In 2004, Joel Bakan published a book titled: The Corporation: The Pathological Pursuit of Profit and Power. Balkan argued that Corporations are inherently corrupt because they are legally bound to place profit over everything, even the public good.  The book was turned into a successful film and a movement was launched. I agree with Bakan's …

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Jimmy Carter’s Prophetic Warning to the Nation

On July 15, 1979, U.S. President Jimmy Carted delivered a speech to the nation titled: Energy and the National Goals - A Crisis of Confidence In the middle of the speech, Carter uttered some very prophetic words: In a nation that was proud of hard work, strong families, close-knit communities, and our faith in God, …

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Karl Marx, the American Worker, and the Natural Rise of Socialist Movements

Karl Marx is possibly history's most divisive figure. I argue that he unfairly gets a bad reputation for simply writing down what the world was already thinking. Marx's ideas on wage slavery, capital, and exploitation were already on the minds of the American labor class years before they even knew who Karl Marx was. That …

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Adam Smith’s Division of Labor – “stupid and ignorant as it is possible for a human creature to become”

Hi, Karl Marx wrote the Communist Manifesto in 1848. I just finished a quick analysis of the document for anyone interested. I argue that Marx's ideas were nothing new. If you wanted to know about the dangers of Capitalism, all you have to do is read from the father of Capitalism himself. Let's take a …

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Excerpts from the Manifesto of the Communist Party

Hi, Given the current and events of the recent past, I would argue that the Communist Manifesto should be required reading. Not so much for its revolutionary rhetoric, but instead for its ability to describe and warn of the dangers of a capitalist system ruled by a small elite. It goes without questions that there …

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The Powell Memo: A Call-to-Arms for Corporations

From Bill Moyers: http://billmoyers.com/content/the-powell-memo-a-call-to-arms-for-corporations In this excerpt from Winner-Take-All Politics: How Washington Made the Rich Richer — and Turned Its Back on the Middle Class, authors Jacob S. Hacker and Paul Pierson explain the significance of the Powell Memorandum, a call-to-arms for American corporations written by Virginia lawyer (and future U.S. Supreme Court justice) Lewis Powell …

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