The extremist Neoliberal version of capitalism creates massive income disparity in the society, with a very high concentration of wealth in the hands of a very few people, and a very large segment of the population in absolute poverty. Aside from being unfair, it is simply bad economics. It creates endemic financial crisis. A strong…
Author: Shahid Bolsen
Shahid Bolsen is the founder of the Middle Nation Movement.
Shahid King Bolsen shared a link.
Basically, the CEOs of, Apple, Google, Intel, and others colluded to prevent competitive salaries by all agreeing to not hire each other’s engineers. This, more or less, locked the engineers into their jobs at each company. These are the great icons of capitalist enterprise, completely violating the basic principle of capitalist theory: competition. http://www.cnet.com/news/google-adobe-apple-intel-settle-wage-fixing-lawsuit/ External…