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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Extended Reading
  • Willis 2022-03-24 09:02:47

    There are so many clever people, bursting.

  • Hailee 2022-04-24 07:01:16

    The irony is that Obama, who was hailed as a socialist by the American people a year ago, is so embarrassed now, and it is even more ironic that the wealth sharing that the people expect him to achieve may not be possible in a truly socialist country. Neither can be achieved. But there is one thing that Americans still have the right to express freely. I am afraid that this alone is enough to make people yearn.

Capitalism: A Love Story quotes

  • Michael Moore: You know, I can't really do this anymore, unless those of you who are watching this in the theater want to join me. I hope you will. And please... speed it up.

  • Michael Moore: [Regarding the February, 2009 crash of Continental flight 3407 in Buffalo, New York] No one survived the crash, and 50 people lost their lives. The Media focused on the actions of the pilots.

    Continental air crash reporter: Capt. Marvin Renslow and First Officer Shaw were chatting about their careers.

    Michael Moore: "Careers" is a euphemism for what the pilots were really talking about: how little they were paid, and how overworked they were. There would be no discussion in the Media about why we have an economic system that allows a pilot to be paid less than a manager at Taco Bell.