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by Bayano2
284 days ago
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Neoliberalism as always screwing up things. But the change is not just cultural, after Friedman et al. came a wave of deregulation and changes in the tax system. Deregulation that allows businesses to get away with bad business practices, and a tax system that resulted in the skyrocketing of CEO pay. CEOs became not just well-paid employees anymore, but actual part of the shareholder class. We need to at least get back to post-war capitalism where businesses were more regulated, the tax system was progressive, and the economy grew more than ever. |
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