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"Section 5(b)(2) requires US corporations to have the purpose of 'creating a general public benefit', while section 5(c) requires that directors have a duty to consider the interests of shareholders, employees (including of subsidiaries and suppliers), customers, the community, environment, and the long-term."
The United States is in a minority of countries in the Organisation for Economic Co-operation and Development that gives no representation of the workforce in corporate governance.[2]
The theory/practical gap has already been witnessed George
They always find a way to pit one worker ant against another
~S~I think that's true for an economy that depends on private for-profit capitalists to supply a majority of jobs, but what about New Deal jobs? FDR created about ten million jobs when the US workforce totaled about 50 million workers. If we apply the same ratio to today's workforce of 160 million, a unionized Green New Deal could lay the foundation for an economy where a majority of workers decides what, where, and when production will occur.The theory/practical gap has already been witnessed George
They always find a way to pit one worker ant against another
Not a penny more than I lost in this crime ...Georgephillip, and you other far left Socialists, between Bill Gates and Jeff Bezos they have acquired roughly a quarter of a TRILLION DOLLARS in my lifetime. Specifically how much has their earnings taken from your income and net worth?
[propaganda_omitted] ...
Interesting discussion of that phrase. It can possibly be interpreted as supportive, damning, or anything in between. Context is necessary, but I'd venture it generally means "you are not the intended focus nor have "you" been asked to represent those who are.It's not about you.I had not considered the ambiguity of the sentence "it's not about you" when I wrote my response to Andy's latest anecdote about his time at McDonald's. I wanted to convey my belief that millions of other workers who may have found it difficult to find a "better job" toiled as wage slaves in an organization that paid its CEO 2124 times as much as the vast majority of its labor force.of that phrase. It can possibly be interpreted as supportive, damning, or anything in between. Context is necessary, but I'd venture it generally means "you are not the intended focus nor have "you" been asked to represent those who are.
Obviously, Andy's decision to leave McDonald's was all about him...
How to parse "It's not about you"
"As far as I could understand, this phrase somehow means 'You're acting selfishly and you don't have the right to do this'. But I am having a hard time putting that into the words 'it's not about you'.
"On the surface the words are gibberish.
"Of course a decision I make for myself is 'about me'. Does the phrase mean "a personal decision that affects you should not concern you'? That also makes little sense."
I wanted to convey my belief that millions of other workers who may have found it difficult to find a "better job"
I get that. You, or them, are both wrong.
You are wrong sir. Because I know these people, I've worked with them most of my life, and the moment they lose their job.... it's amazing how they are able to find another, after saying for years that they can't.
They are wrong. You are wrong too.
The current CEO of Walmart, started off as a crew member. Hourly wage, unloading trucks for Walmart. You can move up the corporate chain. You can choose to enroll in management training.
Or you can whine and cry, and post on a forum, that you can't get a better job.
Whiners stay where they are, typically because no one promotes a whiner. If you are store manager, and you have a whiner crying that they evil CEO makes too much, and they can't find a better job, and they are a wage slave.... would you promote them, so you have to work with that whiner more? No. I know this myself, because when I had to choose people to work with, I specifically did not pick whiny people to be promoted with me.
No one does.
Again, where you are in life, is 90% your choice, and only 10% your circumstance.Why would you think succeeding at Walmart is a good thing, because YOU save money?The current CEO of Walmart, started off as a crew member. Hourly wage, unloading trucks for Walmart. You can move up the corporate chain. You can choose to enroll in management training.
One SIMPLE thing you can do to avoid supporting sweatshops — Craig Greenfield
"According to this week's Phnom Penh Post, Cambodians working in factories supplying Walmart have been subjected to horrific workplace abuse ranging from forced labor to sexual harassment.
"45000 Cambodians work in factories supplying Walmart alone.
"And according to this report, "'almart’s commitment to labor rights in Cambodian factories is next to zero.'
"Disgusting. Walmart you make me sick."
An explanation of how boycotts arent free market.Trump was on Twitter calling for boycots of specific companies, encouraging the use of others, handing out my tax dollars as subsidies to farmers and billioniare business owners.Two problems with that. First, there was nothing super smart about Brian. All he did was buy a truck, and start hauling junk. Are you saying that it takes Olympic physical skill, or an MIT degree to haul trash?
This is like Phil Robertson, being a drunk guy at a bar, who started whittling a duck caller, and saying that it takes MIT degrees or Olympic skills, to whittle a duck caller and sell it.
No, to both. The only reason either of these people became wealthy, was simply choice, and effort. That's it.
Take Warren Buffet. Warren was not particularly brilliant. He just was an investor. You go read his history. Before he was even 10-years-old, he was buying shares in companies on Wall St. It's no wonder he is wealthy today, when he started investing before he was 10. Instead of blowing money on baseball cards, and knick knacks, he was investing. His IQ isn't over 200.... he just made good choices, and put in the effort. It's that simple, and that hard.
The second problem I have with that, is that you are implying that somehow merit shouldn't be part of the economic equation.
If you are telling me that wealthy people are wealthy because they are super smart and/or have tremendous skill.... Isn't that good? Shouldn't we support such things? Why are you complaining about people who have wealth because they merit it? Why would we give wealth to the mentally incompetent, or physically unable?Because we have a market system based on ability to pay instead of need. There Are Alternatives.If you are telling me that wealthy people are wealthy because they are super smart and/or have tremendous skill.... Isn't that good? Shouldn't we support such things? Why are you complaining about people who have wealth because they merit it? Why would we give wealth to the mentally incompetent, or physically unable?
Yeah, we've seen your alternatives. They suck. All of them suck. That's why you are not living in a commune right now.... are you? No you are not.
That's why every country that has tried your alternatives, has fallen into ruins. Why are you not living in Cuba right now? Or any other purely "according to their need" system?
And don't give me this crap about Europe either. I've been to Europe. You know how the poor live in Europe? Like they are poor. You know how the rich live in Europe? Like they are rich. See these Lego Dutch multi-billionaires, with a private horse farm, because daddies daughter likes to compete in Pony Shows... and you have some idiot in the US talking about how they are so much more "equal" over there. Garbage.
Your system does not work. Never has. Never will.
Thats your idea of free markets?
No of course not. That's why I didn't vote for him.
If you read something that is not a Free-Market Capitalist idea.... and I'm advocating Free-market Capitalism..... you are free to assume that I am not in support of an idea that isn't an idea I said I supported. Pretty easy.
Logic sir. Try it.
By the way, boycots are free-market capitalist ideas. You are free to go to...or not to go to... any company you do or do not wish to go to. That's free-market sir. Trump can't make me, or prevent me, from going anywhere. Free-market capitalism.
But subsidies.... no, I'm not in favor of taking money from one person, and giving it to another. I am not in favor of that when it is Medicare, Social Security, or Green-energy grants.
I'm against all subsidies. Again... I support free-market capitalism.
You might have a case if the boycott were called upon by a private individual, but when the highest government official is doing so, this is government intervention.
Subsidies: 9 of 10 counties that voted for Trump get subsidy.
No. Reality.Your first item: "Hurricane Katrina (deliberate faulty construction): 1,836"So, to prove how evil capitalism is, you post a graphic showing deaths caused by tyrannical government.Protip: If you had facts, logic, and reason on your side, you wouldn't have to put people in mass graves.Few killers have filled more mass graves than capitalismProtip: If you had facts, logic, and reason on your side, you wouldn't have to put people in mass graves.
That didn't work out so great for you, did it?Tyrannical capitalist government, you mean?So, to prove how evil capitalism is, you post a graphic showing deaths caused by tyrannical government.
"Put on the U2 and The Cranberries and let’s down some green brew folks, it’s that time of year again.
"But while St. Patrick’s Day is cause to celebrate everything Irish-American, it’s also a good time to ponder just why more than a million Irish were forced to leave Ireland while another million were dying of starvation in such a short period of time in the first place.
"The answer, which also explains why millions of children are currently going without enough food in the U.S., has much more to do with market systems than Mother Nature."
EarthRx: The Irish Potato Famine Was Caused by Capitalism, Not a Fungus
It's handy when your first item is bullshit. Makes it easier to dismiss the rest as worthless, too.What makes you"think" it's bullshit?Your first item: "Hurricane Katrina (deliberate faulty construction): 1,836"
It's handy when your first item is bullshit. Makes it easier to dismiss the rest as worthless, too.
Something Trump told you.
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
And, oh, happy day! Just LOOK AT THEM NOW!No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there
That's terrible!!
Paying Cambodians to make stuff.
And, oh, happy day! Just LOOK AT THEM NOW!No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there
That's terrible!!
Paying Cambodians to make stuff.
^^^MOM!^^..............................................................................^^POP^^^ (forced out of business by Walmart!)
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
Whoa, wait! You arguing with Andy now? Seriously? What happened to Jobs, jobs, jobs galore,.. anyone, anywhere! ???And, oh, happy day! Just LOOK AT THEM NOW!No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there
That's terrible!!
Paying Cambodians to make stuff.
^^^MOM!^^..............................................................................^^POP^^^ (forced out of business by Walmart!)
The quickest way to end starvation, immediately stop working for western companies......
$0 is better than what they get now, eh?
Correct. You too.No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
You should stop shopping at WalMart until they make all their goods in the US...….
Whoa, wait! You arguing with Andy now? Seriously? What happened to Jobs, jobs, jobs galore,.. anyone, anywhere! ???And, oh, happy day! Just LOOK AT THEM NOW!No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there
That's terrible!!
Paying Cambodians to make stuff.
^^^MOM!^^..............................................................................^^POP^^^ (forced out of business by Walmart!)
The quickest way to end starvation, immediately stop working for western companies......
$0 is better than what they get now, eh?
Correct. You too.No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
You should stop shopping at WalMart until they make all their goods in the US...….
Good, "patriot"! Then they can reopen their old stores. FREEDOM! FREE MARKETS!Correct. You too.No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
You should stop shopping at WalMart until they make all their goods in the US...….
I'll get right on that......even if it starves poor Cambodians.
Good, "patriot"! Then they can reopen their old stores. FREEDOM!Correct. You too.No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore"45000 Cambodians work in factories supplying Walmart alone.
Walmart isn't forcing them to work in Cambodian factories.
You should stop shopping at WalMart until they make all their goods in the US...….
I'll get right on that......even if it starves poor Cambodians.
Stores, sewing shops, whatever!..Good, "patriot"! Then they can reopen their old stores. FREEDOM!Correct. You too.No one forced Walmart into Cambodia either, but Walmart sure moved its fat ass in there to exploit their cheap labor and loose environmental regulations. Did you know Walmart was a big "Buy American!" screamer until suddenly... they weren't anymore
You should stop shopping at WalMart until they make all their goods in the US...….
I'll get right on that......even if it starves poor Cambodians.
WalMart put their stores out of business? In Cambodia?
The company union told the workers that the company was bankrupt and the owner had fled the country.
The garment workers are owed around $200,000 collectively—less than what Walmart makes in profits every six minutes.
Since their boss-run union wouldn't fight back, 200 workers organized themselves and began protesting outside the factory gates January 1. In the middle of the night January 3, they noticed company staff attempting to remove the sewing machines from the factory.
“We decided to start sleeping outside of the factory to prevent management from taking the machinery out,” said Yorn Sok Leng, 30, who has worked at the factory for two years.
With the help of a worker center, the Community Legal Education Centre (CLEC), the workers occupied the outside of the factory—setting up tarps, a sleeping area, and a kitchen.
Stores, sewing shops, whatever!..Good, "patriot"! Then they can reopen their old stores. FREEDOM!Correct. You too.You should stop shopping at WalMart until they make all their goods in the US...….
I'll get right on that......even if it starves poor Cambodians.
WalMart put their stores out of business? In Cambodia?
The company union told the workers that the company was bankrupt and the owner had fled the country.
The garment workers are owed around $200,000 collectively—less than what Walmart makes in profits every six minutes.
Since their boss-run union wouldn't fight back, 200 workers organized themselves and began protesting outside the factory gates January 1. In the middle of the night January 3, they noticed company staff attempting to remove the sewing machines from the factory.
“We decided to start sleeping outside of the factory to prevent management from taking the machinery out,” said Yorn Sok Leng, 30, who has worked at the factory for two years.
With the help of a worker center, the Community Legal Education Centre (CLEC), the workers occupied the outside of the factory—setting up tarps, a sleeping area, and a kitchen.
