In Case You Were Wondering…
Posted on February 22nd, 2010 at 11:44 am by Steve

…the masters of the American economy (and, thus, the people whose largely unaccountable decisions determine the material fortunes of most people in our country) don’t give a flying fuck about you, me, or anyone else we know:

“American business is about maximizing shareholder value,” said Allen Sinai, chief global economist at the research firm Decision Economics. “You basically don’t want workers. You hire less, and you try to find capital equipment to replace them.”

(Source: New York Times, “The New Poor: Millions of Unemployed Face Years Without Jobs”)

What a shame that the structure of our economic and political life is simply a force of nature that is immune to modification. If only there were some way to structure a society so that the primary economic activities were directed toward something else in addition to “maximizing shareholder value.”

Or, wait…