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by n-e-w 1544 days ago
Probably like many here, I read this and just had to vent outrage at the sheer injustice and inhumanity. This comment is for you to rage upvote.

Compassionate capitalism is more needed today than ever. Sure, this is likely just some low-level buffoon at a chain mouthing off in ignorance. But that's why it's dangerous; toxic capitalism has thoughtlessly metastasized to the middle.

Given the severe and extreme states most commodities markets have found themselves in of late, I expect an exacerbating withdrawal of liquidity by most market participants -- even posting margin for normal hedging requirements is beginning to require completely untenable amounts of free cash flow. I fear that severe inflation is very much looming at the door.

1 comments

Compassionate capitalism has never existed, and never will. It's not what's either in or outside the tin.

It doesn't matter how much people talk about CSR or stakeholders, it's still about profit, often on the back of the most downtrodden.