It’s not that: it’s regulatory and legislative capture. The system is built such that companies that don’t exploit workers to increase profits or mitigate pollution will be out-competed. There is no overarching power grab, just a system that serves corporate profits rather than people. Tie that to regulations that are made by corporations and bought elections means that it pays to suck as much money out of people into corporations.
Xoxrocks t1_jeengff wrote
Reply to comment by Card_Zero in China calls US debt trap accusation 'irresponsible' by BubsyFanboy
It’s not that: it’s regulatory and legislative capture. The system is built such that companies that don’t exploit workers to increase profits or mitigate pollution will be out-competed. There is no overarching power grab, just a system that serves corporate profits rather than people. Tie that to regulations that are made by corporations and bought elections means that it pays to suck as much money out of people into corporations.