WaPo Editorialists Don’t Understand the American Economy or the American people
https://prospect.org/politics/2023-07-21-wapo-editorialists-dont-understand-american-economy
* public is very sympathetic that corporations are the source of many of current economic woes
* Biden needs to address overreaching corporations.
* Corporations violate workers’ rights, break the law e.g. union busting
* You cannot advocate for American people w/o making enemies of their exploiters
Addendae 1
America’s corporate giants are getting harder to topple
Incumbents from Walmart to General Motors are fighting back against disrupters
https://www.economist.com/business/2023/08/21/americas-corporate-giants-are-getting-harder-to-topple
* Fortune 500: U.S.' largest companies by revenue, accounting for roughly 1/5 employment, 1/2 sales & 2/3 profits
* backbone of corporate America
* old money: only 52 of the 500 were created after 1990
* indicates entrenched influence, longevity, power, influence
Addendae 2
California Corporations are fighting a landmark bill exposing their true contributions to climate change
https://www.levernews.com/the-climate-culprits-hiding-their-role-in-californias-extreme-weather
* Oil & industry lobbying groups spending millions to block legislation requiring large companies in CA to disclose carbon emissions
* would effectively set national policy
Climate Corporate Accountability Act
https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB260
https://sd11.senate.ca.gov/news/20220126-senator-wiener%E2%80%99s-climate-corporate-accountability-act-passes-senate
#capitalism #corporations #California #ClimateChange #FossilFuels #neoliberalism #GlobalWarming
WhoseGrift
Victoria Stuart 🇨🇦 🏳️⚧️
Weasel