Sunday, December 11, 2011

A response to Milele Coggs:

In reply to the question of how to create jobs:

Corporate personhood and the dominance of lobbyists must be eliminated from the political process. The economy needs regulation, and that's been prevented by powerful forces which represent what caused the economic divide to become the unsustainable one which exists today.

The corporations always want to make bigger profits, maintain current living standards, even when their workers are stretched to their limits to create an artificial productivity which is also unsustainable. We're doing three jobs now just so people who run these businesses can maintain a boon-level profit margin.

So while Exxon Mobil has made the biggest profits in the history of the world (twice in two quarters in the past few years), they've cried hardship and been granted benefits as if they were struggling to create jobs.

We need economists and elected officials to remind businesses that without a vibrant middle class there is no market for their products. There is no economy which will remain viable. Then again, the long-term business plans of corporations do not really consider the long-time health of this economy. They build for the next quarter.

Regulation can change that.

We need to keep the top market for U.S. goods as the local one. Yeah, exports are great, but without our priority on our own we've got less natural accountability for these corporations. They can build the Chinese ports and economy--knowing that they'll have an emerging market for goods which we won't be able to afford over here.

So we need to shepherd these corporations toward three things:

1) Realizing the new profit-margin reality. Accepting the new normal, and hiring more employees to ease the burden on their employees.

2) Building for the long term. Reminding them that this is their primary market and they should invest in the health of our nation. This should lead to ending outsourcing.

3) Identities as businesses, and not as people. They do not deserve human rights. Humans do.

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