Monday, February 6, 2012

Companies vs. Government

"We don't have an obligation to solve America's problems." According to Rana Foroohar in the February 13, 2012 Time Magazine, that's what an Apple executive said recently as quoted in the New York Times.  Hmmmm...I thought the people working at Apple were smarter than that.  Don't they realize that if America goes under, it'll hurt their company and business too?

At the Davos World Economic Forum, according to Foroohar, the Apple executive's same sentiment echoed through panels and speeches.  It's like multinational companies have grown so powerful that the countries in which they have their headquarters have no control or influence over them, and they don't seem to care about them.  So this is what a global economy is?  Companies sit on over $2 trillion in wealth and argue that they did create jobs and prosperity, only in other countries, not in America.

Hmmmm...then you've got Mitt Romney claiming that corporations are people, too.  OK.  Where do these people live?  Don't they care about where they live?

Now, I have a sneaking suspicion that what Dwight Eisenhower called the military-industrial complex has morphed into the corporate-industrial complex.  Where's the military?  Well, they end up in bed with corporations like Halliburton as well as the companies that make the materiel and ordnance that they use.  The corporate-industrial complex looks like it has accumulated so much power that it just barrels over the government and any attempts to rein it in.  Is this good for America?  

The Republican candidates for President want to shrink government which will only increase the power of the corporate-industrial complex.  Is this good for America?

Credit: Anja Niedringhaus/AP Photo from

Who benefits from the corporate-industrial complex?  How will they solve the current problems of labor issues, debt and economic inequality, and not only in America?  Who's going to be willing to take the risks to solve these issues?  

If that Apple executive is right, not the members of the corporate-industrial complex in America and elsewhere. And of course, politicians nowadays, in my humble opinion, haven't the courage and imagination which may be the reason we're in this pickle to begin with.

Credit: World Economic Forum's Flickr Photo Gallery
I'm glad I wasn't at the Davos World Economic Forum.  It sounds like it was a really depressing conference.  Reading about it has certainly depressed me.  And I wonder if any of the participants, including the multinational corporations, would have listened to me or anyone else like me.  I just don't understand how an American corporation, multinational or not, cannot care about the country that spawned it or the government that protects its intellectual property rights and the trade routes for its products....

No comments: