Thursday, January 26, 2012

Capitalism is Not Sustainable

Capitalism needs consumers.

Capitalism is not sustainable. Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax and many of those companies spent more on lobbying than they did on taxes.

Some speculators have incomes 325 times what the average American receives. The difference between executive compensation and the average American worker is greater than anytime in our history.

If the United States is to survive economic fairness needs to exist and today it does not.

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