Oh, it isn’t a case of “corporate greed”. The greed part comes from investors who expect an ever increasing profit on their investments. Those greedy investors are mostly those of us who rely on a company pension, or invest in mutual stocks. A company’s CEO will do anything he or she can to meet those demands. I suspect you would do the same if you were in their position – that is, if you wanted to keep your job.
We live in a time of our history where our economy is global. A huge disparity between living standards exists between countries. It seems to me that we are experiencing an equalizing process. We happen to be in the wrong place at the wrong time; so it is up to us to make some adjustments – like redefining things like wealth and living standards, and the quality of living. We are in need of a new cultural paradigm.
This is one of the many reasons I have gotten my ducks and chickens. I want to go back to basics and teach my children about going back to basics too.
It is a sad world out there, and even sadder when a company is making very excellent profits, but considered by the investors and analysts to be a loser.