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Paul Krugman: We're Living in a Second Robber Baron Era


Business  (tags: monopolies, Big Business, Wall Street, mega-corporations, robber barons, greed )

Freya
- 908 days ago - alternet.org
We are living in a time of corporate monopolies that rivals those of the robber baron age, and they are harming workers, consumers and the economy itself.



   

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Comments

Past Member (0)
Wednesday April 20, 2016, 6:40 pm
Thanks!

"Paul Krugman: We're Living in a Second Robber Baron Era"

Yes Paul, we know! Remember last week, when you finally decided to join the rest of us, I asked you to sit over...............................................................there! Now, with this latest observation of yours, I feel it's better if you sit over.............................................................................................................................................there!
 

Darren Woolsey (218)
Thursday April 21, 2016, 1:16 am
In terms of Corporate Culture, the odds are heavily stacked against everyone else. . .

Ordinary people, citizens, workers need to combine their efforts, using social media to rise above.
 

Freya H (358)
Friday April 22, 2016, 5:38 am
You said it, Darren! And remember Margaret Mead's famous observation about a small group of thoughtful, committed people.
 

. (0)
Friday April 22, 2016, 7:18 am
tyfs!
 

pam w (139)
Friday April 22, 2016, 8:00 am
He's absolutely right! If we're not awake....we'll be living in another oligarchy. And, by the way...that usually leads to bloody revolution.
 

Lenore K (0)
Friday April 22, 2016, 12:38 pm
ty
 

Lois Jordan (63)
Friday April 22, 2016, 3:35 pm
Noted. Thanks, Freya.
Better late than never?! Well, I really hope it's not TOO late. I agree that things started "going south" for most of us back in the 80's under Reagan. Wage disparity today is the worst it's ever been in recent history. We got to this point because of greedy people, and they are still around. In fact, greed has become institutionalized, in case Krugman hasn't noticed.
How about "a day late and a dollar short?"
 
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