In Corporate Feudulism the rich don’t need to share

Posted on: May 29th, 2012 by admin 3 Comments

As we move down the path toward Corporate Feudalism one thing should be clear. The rich don’t need to share. Average CEO pay for companies in the S&P 500 was $12.94 million in 2011. The Wall Street Journal reports that US manufacturing output has increased 13 percent while wages for manufacturing workers are near what they were in 2000. Corporate profits for many industries are at all time highs. This is Corporate Feudalism. Workers work harder for less while those at the top further separate themselves from the rest. Why share if you don’t have to?

3 Responses

  1. I am really looking forward to hearing you on Radio Free Kansas, where your perspective is most needed. The book 15 Steps is an excellent resource for the growing movement in Kansas against the conservative crazies currently running our state legislature under the leadership of Koch sock puppet Gov. Sam Brownback.

    This is a book to devour, like a refreshing drink during a hot day in the garden, it relieves the stress so many Kansans are feeling with the neocon “austerity” policies being shoved down our throats.

    I can’t wait to get it around to what few state legislators that can still think critically and are part of the last dissent against what Reagan economist Art Laffer (paid $75,000 in Kansas taxpayers money) described as a “revolution in a corn field.”

    Here’s a handy background report, before the phony “revolutions” began:

    • Alexa says:

      One day I think Obamacare will pass and the next day I think not. What a damn roller csatoer ride this struggle is turning out to be with both sides firmly set in their positions. This is not so much a struggle to improve the nations health care system, but rather a monumental conflict of ideas, with one side believing the government with its great thinkers knows what’s best for the common man and the other willing to leave choices up to the individual. One side sees a once in a life time opportunity to install National Health Care, a long time dream of the progressives; while the other is fighting to maintain something akin to the status quo. As you indicate Fred this is a defining moment in the nations history. We seldom find ourselves at such a crossroad on the path to the future. If this bill is passed we will be on the road to a full blown socialist state of the European variety. The Europeans spend little on defense and massive amounts of their GNP on social programs. With the passage of Obamacare the United States will find itself in the European position in only a few years and the once proud military of the country will be reduced to that on a UK or France. This in a world that is becoming increasingly hostile toward us. I hate to say it, but this could very well be Obama’s grand strategy.

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