capitalism? things we don't know

Jamir 2022-04-20 09:02:09

The opening paragraph is the American version of the story of demolition and anti-demolition.
What shocked me is that the development of the insurance industry allows companies to purchase life insurance for employees, but the beneficiaries are the company, not the family. This kind of behavior of profiting from the death of an employee seems so emotional. In English it is "it really hurts".
Citi, Merrill Lynch, AT&T, Walmart and many other big companies have this kind of behavior. Many employees don't know that they have quietly become a bargaining chip in a game, a game between insurance companies and employers. Families of deceased employees are frowning over huge medical bills, while employers have added a huge benefit to their accounting statements.
In order to increase the income of juvenile detention centers (privately owned), magistrates even increased the conviction rate and admitted many children who made minor mistakes. Does this have something to do with case law? If it is a country with a civil law system, this kind of thing should happen less often, right?

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Capitalism: A Love Story quotes

  • Man with palsy: Please help me. I've been this way for over 20 years.

    Jesus: I'm sorry. I cannot heal your preexisting condition. He'll have to pay out of pocket.

  • Arnold Schwarzenegger: I left Europe four decades ago because of Socialism has killed opportunities there.