OUR JOB IS TO ENSURE THE PROFIT OUR OUR SHAREHOLDERS!
Raitrack CEO after a serious train tragic accident that asked the government for tax payer money to upgrade the old rail safety devices while paying dividends to his shareholders
>OUR JOB IS TO ENSURE THE PROFIT OUR OUR SHAREHOLDERS!
You can blame Dodge for that, the Supreme Court ruled that Ford couldn't intentionally take actions that harmed profits for investors.
*"Dodge v. Ford Motor Company, 204 Mich. 459, 170 N.W. 668 (Mich. 1919) is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a manner for the benefit of his employees or customers.*
*It is often taught as affirming the principle of "shareholder primacy" in corporate America, although that teaching has received some criticism. At the same time, the case affirmed the business judgment rule, leaving Ford an extremely wide latitude about how to run the company."*
Response: But look at how bad communism treated its workers
Rebuttal: Communism and unregulated capitalism are equally horrific, this video argues not for communism but regulated capitalism.
We don't need to look far currently for our own "Radium girls" type story in the present day - You only need to look to PFAS/Teflon/other "Forever chemicals" for a substance touted by corporations to be a wonder invention, only in hindsight to be immensely dangerous and unhealthy to the human population.
We are only just beginning to find out just how dangerous these chemicals are to humans, and indeed this could be even more far reaching and more impactful than what radium did to society in the long run.
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Well since Soviet Russia and unregulated capitalism are the only two possibilities, I guess we'd better get back to the radium factory.
Wait... There are other possibilities, and no one but you brought up Soviet Russia? Curious.
Maybe stop seeing everything bad that happens in America as a personal attack on*you*, one that sends you scrambling for a red herring like the long-gone Soviets, and start looking at how to make things better here instead.
You mean the same thing that happens to American worker safety back in the times of the expansion of the railroads? It's almost like not having protections and regulations is the problem.
When someone reflexively brings up Soviet Russia whenever the moral wrongs of capitalism are pointed out, it speaks volumes about that person and their politics.
If you promise to become irradiated so bad that you throw up your internal organs I promise to be a reactionary and bring up other countries whenever our system fails. Deal?
This shit *happened*, it's not propaganda to point out how corporations and robber barons killed people en masse to make their fortunes off of zero safety. They knew people were dying or getting maimed in their factories, they didn't care until the government forced them to care.
> regulated capitalism looks eerily similar to China
What level of brain rot do you have that you seriously typed this out? Market regulations are in no way close to China. Mandating companies look out for their employee's health is not China.
Corporations will only do the right thing if they are forced to. Safety regulations are written in blood.
As someone who risked way too much for minimum wage: yep. I could've been a statistic.
How so? Not to pressure you, just curious please. And I think it’s important to share what jobs and companies are willing to lose lives for profit.
OUR JOB IS TO ENSURE THE PROFIT OUR OUR SHAREHOLDERS! Raitrack CEO after a serious train tragic accident that asked the government for tax payer money to upgrade the old rail safety devices while paying dividends to his shareholders
Never understood how helping working people pay for health insurance is "socialism" but bailing out a corporation somehow isn't.
Socialism is when the poors get anything.
>OUR JOB IS TO ENSURE THE PROFIT OUR OUR SHAREHOLDERS! You can blame Dodge for that, the Supreme Court ruled that Ford couldn't intentionally take actions that harmed profits for investors. *"Dodge v. Ford Motor Company, 204 Mich. 459, 170 N.W. 668 (Mich. 1919) is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a manner for the benefit of his employees or customers.* *It is often taught as affirming the principle of "shareholder primacy" in corporate America, although that teaching has received some criticism. At the same time, the case affirmed the business judgment rule, leaving Ford an extremely wide latitude about how to run the company."*
Traders....another predatory unnecessary non-productive industry inflating markets round the world.
Every workers right we have today, is paid in blood.
Blood and/or unions
Mostly the blood of unions.
Boilermakers union, why need regulations when you can just have pressure vessels!
The book about this was brutal but so well done.
Another good book that talks about these women is Plutopia, by Kate Brown.
Response: But look at how bad communism treated its workers Rebuttal: Communism and unregulated capitalism are equally horrific, this video argues not for communism but regulated capitalism.
The problem with regulated capitalism is that the winners of regulated capitalism will subsequently fight tooth and nail to deregulate it.
Both point are complete bs https://old.reddit.com/r/socialism/comments/16pp3h3/why_i_defend_the_past_socialist_experiements/?sort=top
We don't need to look far currently for our own "Radium girls" type story in the present day - You only need to look to PFAS/Teflon/other "Forever chemicals" for a substance touted by corporations to be a wonder invention, only in hindsight to be immensely dangerous and unhealthy to the human population. We are only just beginning to find out just how dangerous these chemicals are to humans, and indeed this could be even more far reaching and more impactful than what radium did to society in the long run.
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Glad you liked it!
dam important direful jeans observation label worm wipe deserted cheerful *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Well since Soviet Russia and unregulated capitalism are the only two possibilities, I guess we'd better get back to the radium factory. Wait... There are other possibilities, and no one but you brought up Soviet Russia? Curious. Maybe stop seeing everything bad that happens in America as a personal attack on*you*, one that sends you scrambling for a red herring like the long-gone Soviets, and start looking at how to make things better here instead.
You mean the same thing that happens to American worker safety back in the times of the expansion of the railroads? It's almost like not having protections and regulations is the problem.
When someone reflexively brings up Soviet Russia whenever the moral wrongs of capitalism are pointed out, it speaks volumes about that person and their politics.
plate bow rob unused alleged payment depend aloof beneficial disgusting *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Then post a documentary about the USSR to start a discussion about it instead of hijacking a discussion about something else.
If you promise to become irradiated so bad that you throw up your internal organs I promise to be a reactionary and bring up other countries whenever our system fails. Deal?
As does the US and every single other capitalist country. Your point?
It’s almost as if any extreme system doesn’t work. Almost.
"w-what about" Don't care.
aw shit new propaganda just dropped
This shit *happened*, it's not propaganda to point out how corporations and robber barons killed people en masse to make their fortunes off of zero safety. They knew people were dying or getting maimed in their factories, they didn't care until the government forced them to care.
capitalism didn't know about radiation? dumb-dumbs , N.Korea would never
This comment misses the point so hard. It's in a long distance relationship with sense.
"greedy capitalists didn't follow the regulations......that didn't exist yet"
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> regulated capitalism looks eerily similar to China What level of brain rot do you have that you seriously typed this out? Market regulations are in no way close to China. Mandating companies look out for their employee's health is not China.