Harold Meyerson: The Big Skim — How Financial Scams Suck Money from Corporations Instead of Investing in Capability and Jobs

03 Economy, 11 Society, Commerce, Commercial Intelligence, Corruption, Government

Harold Meyerson

Shareholders’ big skim

As a result of the shareholder revolution, the money that once went to expansion and new ventures has gone instead into shareholders’ pockets.

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Robert David Steele Vivas
Robert David Steele Vivas

ROBERT STEELE: A very fine article that is amply supported by the cited sources and many others — for example, Peter Linebaugh’s STOP THIEF and Richard Wolff’s Occupy the Economy: Confronting Capitalism. Matt Taibbi’s GRIFTOPIA addresses the hidden planet: it has been the capture of the government by 42 billionaires, and the total marginalization of the US Constitution (Article 1, for example) that has allowed these financial atrocities to occur — along with a media that is half captive and half witless. Open Power — the book is #4 in Amazon Kindle Civics today — is the answer. FIRST, electoral reform — then a wholesale cleansing of the corporate and banking stables.

See Also:

2014 Robert Steele Answers to Richard Olivier on 21st Leadership with Annotated Bibliography & Links

Worth a Look: Democracy Lost & Found Essay, Book Review Blurbs and Links [Updated 7 January 2015]

Socio-Economic

Worth a Look: Book Reviews on Bankruptcy of US Economy, Federal Reserve Malfeasance

Worth a Look: Book Reviews on Blue Collar

Worth a Look: Book Reviews on Class War (Global)

Worth a Look: Book Reviews on Corporate & Transnational Crime

Worth a Look: Book Reviews on Corporate Lack of Integrity or Intelligence or Both

Worth a Look: Book Reviews on Corruption 2.0

Worth a Look: Book Reviews on Elite Rule

Worth a Look: Book Reviews on Middle Class

Worth a Look: Book Reviews on Poisons, Toxicity, Trash, & True Cost

Worth a Look: Book Reviews on Poverty

Worth a Look: Book Reviews on War Complex—War as a Racket