Originally posted by Gunslinger
I think coorporations are smarter than you think evil. A bad economy is bad for them. Contributing to the downfall of the economy is not in their best of intrests. Saving a buck or two now when it will cost them millions later isn't good business. You don't need an MBA to figure that out.
Corporations aren't evil. But they're selfish as hell. They owe NO allegiance to ANY country. Do you realize how dangerous that is? The US economy is almost entirely dependant upon
them, but they aren't dependant upon us. They can typically pick up part or all of their corporation and move overseas (and often do).
To be clear, I'm not saying that they're purposely trying to ruin the US economy. But the truth of the matter is that they care a LOT more about what their shareholders think than the US public.
Certain recent corporate scandels are the exception and not the rule.
I think you'd be surprised how many corporations practice "strange" business behavior to their own benefit. What Urchin said was pretty much correct. Big business has been playing fast and loose with the rules (Enron took it to the extreme of course) for a LONG time. In the 90's, everyone was ok with it because everyone was making a ****load of money off of it. When the bubble broke and the economy took a dip, suddenly the big corps weren't making everyone happy and all of a sudden the **** hit the fan for quite a few of them. Even the "stable" companies are having difficulties in the new economy.
I live in the corporate world. I see the BS that goes on around here. The next 50 years or so is going to be VERY interesting, in an apocolyptic sort of way...