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Friday, April 7, 2017

Running Government Like a Business is Bad for Citizens — Kim Brown interviews Michael Hudson


Video and transcript.
… the Financial Times of London, the premier financial paper, had a wonderful editorial, saying why business cannot make government great. In other words, why it can't be run like a government.
The main reason is that businesses are run to make a profit. And it's very surprising that Trump's supporters say, well, we need a businessman to put the government in order. Business people are their employers.
Imagine somebody working for an employer, and the last thing you want is for the employer to run his business the way he wants, without any safety conditions, without paying you overtime, without paying you a pension, without paying you medical care.
The idea of running it like a business is to screw labor. To pay labor as little as possible, and to get as much money for themselves -- the businessmen -- as possible. So, when Kushner says, “Let's run government like a business,” what he really means is, let's run government for business.
The Real News Network
Running Government Like a Business is Bad for Citizens
Kim Brown interviews Michael Hudson, President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

1 comment:

  1. If Chump wanted to run a business he shouldn't have run for president.

    ReplyDelete