overstepped in many areas, they usually are overstepping under pressure from private businesses. The over-reaction to the Occupy movements is due to the protective attitude of government toward the private business community.
Further, government is not encroaching on traditionally private endeavors nearly as much as private companies are encroaching on traditionally governmental or non-profit endeavors.
Health care management, especially hospital management used to be primarily governmental or non-profit. Only in the past 30 or so years have we seen private capital cannibalize the health-care industry and carve out as much profit from our health care dollars as possible. I remember back when Blue Cross was non-profit, when hospitals were run by churches and religious organizations and local governments.
Education, which has been primarily a publicly controlled part of our society in most of America, has also been under attack by privatizers.
At the same time, the private sector is not investing in traditionally private endeavors such as building factories, producing industrial products in the U.S. and as a by-product employing people.
During the Bush administration, the job development was primarily in service industries. That bodes darkly for our country.
Private industry invests in cheap labor countries.
The economist who explains the problem best is Richard Wolff.
http://fora.tv/2010/03/03/Richard_Wolff_Capitalism_Hits_the_FanMr. Frye is not very articulate and does not know what he is talking about. Sorry, but that is my opinion.
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
