Group items tagged

The corporation's responsibiities, per Johnson & Johnson CEO, 1948, in order of priority: 1. First responsibility is to those who use our product; we must offer high quality at low prices, and deliver our product with prompt, accurate service. 2.  Second responsibility is to all employees of the corporation, providing fair pay, job security, healthy working conditions, respect for each individual, and justice in management and governance of both employees and operations.    3. Third responsibility is to hire corporate executives possessing integrity, talent, common sense, personal wisdom, education, and experience. 4. Four responisibility is to the communities in which our corporate facilities are embedded. Corporations must be good citizens, contributing to the health and viability of the commonweal, supporting civic improvement, improved health, education, and government, reinvest in the corporation's larger community and infrastructure  by paying fair taxes, and being good stewards of the unsustainable resources used in conducting business activities. 6. Last responsibility is to shareholders/stockholders via creation of sound, sustainable profit and fair returns to investors. 5. 

Be careful. Be very careful.

Why Obama and so many Dems think the "deal" is a fair compromise, not a total capitulation or cave-in... Strategy 101.

It's intellectually dishonest to have a discussion over the fairness of the tax code and welfare programs without FIRST addressing the inherent inequality of our labor markets, capital markets, access to education, access to the judicial system, access to infrastructure, and intellectual property laws. Fundamentally, if a business leader makes his profits from paying his employees minimum wage at $7.50/hour in an area where a decent livable wage is $15/hour, but where workers have little negotiating leverage and few other options, then it is RIGHT to expect government to tax the business/owner at a high percentage and the workers at a low percentage, and to use tax funds to provide the under-compensated workers with housing and food assistance, as well as other forms of aid. In that scenario, the scenario in which most of our country operates (accounting also for middle-class wage-earners that are under-paid), it is disturbingly unfair to demand that "equality" be applied only at the tax code (even moreso that it only be leveled at the income tax, specifically), as if wealth is earned solely in proportion to some fantastical Randian ideal of personal worth and NOT heavily influenced by real-world power dynamics.

Campaign finance reform portal...