U.S. corporate leaders create a new statement on the purpose of a corporation: “Conscious Capitalism” Globalist Pact – August 20, 2019
Now that it appears that the U.S Presidential Front Runner will be Elizabeth Warren, big corporations are preparing to create their own coalition. Conscious Capitalism addresses everything, where things come into question is competition. What Donald Trump has actually done to the U.S economy is make it competitive again. In actuality its the Democrats holding up the U.S economy, now obviously, there’s Europe, there’s China, there are Canada and Mexico(USMCA) but the main culprit in all of this is the Democrats.
The problem with actual Free market capitalism revolves around competition, competition causes deflation in prices, deflation in prices creates a market that mimics competitive forces that fuel big tech and capitalism creates a common-sense economic environment which actually brings people together. Capitalism in case people forget is all about Volunteerism, you need me, I need you, essentially turning each of us into our own business person. Small business people, think and behave differently from employees, small business people aren’t easy to manipulate.
If for example, humans daily had to constantly barter, they’d see through big government initiatives, which seek to separate people and pin one group against another group. If as an example you go to Japan, there is little to no theft n Japanese society, why? Because in Japan there are a lot of business people a lot of cooperation an understanding that you as an individual are responsible for yourself. By you loving yourself you can love others.
The attempt to change the purpose of a corporation obviously revolves around Politics. The business tycoons understand the Free Market. In the article below, they quote Milton Friedman.
the group has released a statement on the purpose of a corporation that is radically different. It essentially rejects the theory of late economist Milton Friedman, who said seeking profits for shareholders would alone allow a company to prosper, keep people employed, and fuel the economy.
Nearly 200 CEOs just agreed on an updated definition of “the purpose of a corporation” – qz.com
What did Milton Friedman make known to the world? That Deflation and Inflation aren’t as bad as you think it is, the problem with deflating and inflating prices is government interference.
Moreover, Friedman showed that “inflation is always and everywhere a monetary phenomenon.” He made a formidable case that government “fine-tuning” is more likely to backfire: by the time central bankers realize the economy is slipping into a recession or depression, and they inflate the money supply, the effects are likely to be felt after the economy has already recovered, worsening the subsequent inflation. Conversely, by the time central bankers realize inflation is a problem, and they contract the money supply, the effects are likely to be felt after the economy has slowed down, worsening a the next recession or depression. Government, Friedman made clear, is the biggest source of instability in the economy.
Inflation and Deflation: A Biography of Milton Friedman – libertarianism.org
The attempts being made by the Business Roundtable, America’s most influential group of corporate leaders is clearly political, as everyone should know, one of the main reasons why these companies have become so powerful are regulations, namely social regulations, which raise the barrier to entry and fuel poverty all over the world. Leadership as always been an important component of the Free enterprise system. One of the main reasons why parts of Asian and Africa are so poor is their embracement of Leftist politics. When African leaders as an example are trying to grow the African economy, they often try to mimic European Protectionist based governance, this of course backfires, because Europe’s economic growth was fueled by the Free markets it once embraced.
Being that big Government has found its way into many portions of European society, the unfortunate truth remains that the European economy has been stagnated, so stagnate that it had to create a European Union. As people know prior to the European Union countries like the U.K and Germany had a hard time selling their goods to other European nations whose currencies were worthless. This is of course why Germany is fighting to keep the EU alive and kicking.
Germany in the EU is like the smart kids in a class trying to raise the standard of living for the not so smart kids. A large chunk of Europe has a hard time comprehending that Big Government can’t raise the standard of living for citizens. But this confusion benefits big corporations, because if let’s say more people start comprehending how the free market works? This changes the world as we know it. If more people comprehend Milton Friedman’s arguments for a Free Enterprise system, big companies all of sudden have more competition, actual Mainstreet interest rates would have to fluctuate to mimic the REAL growth in the economy.
Remember the charts always point upwards, long term in a free enterprise system, however, fluctuations will be the reality, meaning prices will go up and down, companies who can’t keep up with changes will go bankrupt, job security will be put into question during certain periods and individuals will have to look out for their own retirements and not be reliant on their employer or the government to do it for them.
The far for Leftists, the Fear for Big Corporations are challengers to their authoritarian beliefs. In the past, people used to talk and write about the Bilderberg Group or Bilderberg Meetings in the 1990s and early 2000s this stuff used to sound like Conspiracy theories. Well, now because Leftists have lost control of brainwashing the public, these Multinational groups are having to show their true colors.
Because Politics in 2019 has gone so far Left, I don’t think personally that many of these Government lobbyists necessarily even understand that they’re revealing themselves. I think it’s one of those things where they’ve misinterpreted what Trump represents to people. If you’d listen to a Trump supporter and suppose that listeners of Rush Limbaugh(as an example) are uneducated people who are clueless about the Free Market, you’d be wrong. They may all not be perfectly aligned with each other, but they see through the globalist rhetoric. The problem is in a democracy the majority rule and if there are enough brainwashing people will, unfortunately, vote for their own economic and social destruction.
The gal for most of these big companies is dumb down the public, the Leftist, the Democrats don’t exist as they are today, without a dumbed-down public. Even CBC in Canada caught wind of what’s going on. Consider reading a Canadian article from a Center Left-Wing perspective.
The new policy statement may show the business leaders are adopting the views of French economist Thomas Picketty who, in his 2014 book Capital in the Twenty-First Century said the survival of capitalism depended on a certain amount of redistribution of wealth from the richest to ordinary people.
U.S. corporate leaders swing left to fix ‘frayed’ American dream: Don Pittis – CBC
There is no need to redistribute anything, as an example Eric Garner prior to his death was selling Cigarettes, it’s illegal for him to do this, because of regulations. Police have even prevented children from selling lemonade, because of REGULATIONS, Milton Friedman educated me about minimum wage laws another government regulation, which forces the cost of living up and makes it harder to start a business with employees. These anti-market, anti-free-enterprise laws give these big corporations leverage, it’s important to remember that not only to big corporations get tax breaks the rest of us can’t get they also can afford to pay for the regulations.
If a person can start a lemonade stand without being bothered by Government regulators, all of sudden there’s more competition in Mainstreet, more competition equates to lower prices, lower prices equates to a higher standard of living, a higher standard of living equates to more people taking chances, people taking more chances equate t more job growth, more job growth equates to more riches, more riches is a virus as it spreads globally, as more and more people seek to enrich themselves as the standard of living MINUS WELFARE increase, government reliance in the economy decreases.
Now, am I saying there should be NO regulations? of course not, I don’t want people pouring sewage into our great rivers and lakes, I don’t want overly polluted air, but there are unnecessary regulations all over the economy and these Conscious Capitalists are fearful of the one thing Donald Trump got right, which is cutting regulations.
Donald Trump cutting regulations has made the market place more competitive and what’s happening is there are more and more emerging companies in the U.S who are now threatening the current corporate orthodoxy. Many of these top 200 companies are so bloat that if they’re threatened with fierce competition that they can quickly lose their economic positions and because there are a lot of retirement investment who if they pull their money from these top 200 companies, they can quickly spiral into irrelevancy. Again, this is nothing more than a political move by these giant corporations, don’t be mistaken. Consider paying close attention to who these 200 Corporations will be financing in the U.S Presidential election.
Interesting times ahead!