The domination of International Corporations and consequences on big and small countries
The big corporations and are riding the world economy for free of social irresponsibility because they don't have royalty to any country, some countries they claim to have it as headquarter which represent only mailbox. government can't challenge them. We know for fact that the U.S has given them a safe heaven not only this but give them tax credit and grant from the federal government without any strings attached or even commitment , further more , United states went to ware few times and the gains were for the corporation. they didn't even help to pay for the ware or help in recovering the cost of the war. Instead they complain that they are paying too much taxes and threaten to take their business somewhere. if they do that, we are not obligated to let their goods come to the us free of duties and the profit they make overseas they keep for themselves overseas. and the profit they make it, they ship it overseas.
So the economic cycle has to work properly or disaster could happen and it is happening wright now in America and in EU
Casino also is sucking all underground money and draining the capitals from the community they exist in and and kills the economic cycle ( the optimum formula is to produce not entertainment but to produce product that will help the community to prosper and flourish.
what is happening is about the banking system. Which is running now totally different, remember when banks used to infuse the market with the cash needed, to create the economic development which create jobs and help revolving the economic cycle. Banks now are grabbing the retirement funds with low rate and and deposit and invest it overseas where interest rate in 20% or higher. and leave the community starving for cash. The banks have conspired to launder their money to be invested in foreign banks or big firm investment which are owned by the banks.
It is a game to force government to bow on their knees to and give them all the tax credit they needed and use their labor as cheap as they can . that what I call the ugly face of capitalism.
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