Private corporations seem to be a permanent fixture in the US, so why work towards socialism?


In the short term we can’t eliminate private corporations, but we can bring them under greater democratic control. The government could use regulations and tax incentives to encourage companies to act in the public interest and outlaw destructive activities such as exporting jobs to low-wage countries and polluting our environment. Public pressure can also have a critical role to play in the struggle to hold corporations accountable. Most of all, socialists look to unions to make private business more accountable. 

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commented 2016-08-28 09:33:46 -0400 · Flag
This is batter option to control private corporation and government should set strict rules and regulations in this regards. You have answered in pretty great way and for students now website is providing help to complete assignments either regarding to finance or science.
commented 2016-07-09 03:27:09 -0400 · Flag
Could you make an FAQ answer regarding the difference between democratic socialism and social democracy?
commented 2016-06-28 16:32:27 -0400 · Flag
Every each person has own wishes for the situations.
commented 2016-04-06 22:54:28 -0400 · Flag
Doesn’t anyone see the problem with that first statement? “In the short term we can’t eliminate private corporations”. Can you say communism?
commented 2016-02-10 09:03:07 -0500 · Flag
My question is this “How will a government, (made up of imperfect people who more than likely lie and connive to get elected) regulate a business they have never had experience of how it works?” Anyway, the ideology is government controlled business will keep cooperations from controlling politicians. Wouldn’t it even make them worse, they would regulate the businesses to benefit themselves?
commented 2016-02-10 01:20:39 -0500 · Flag
As you all may know that recently many cities “rushed” to pass a $15.00 an hour minimum wage for fast food workers. New York being the most prominent. The mayor, a Socialist, was citing social justice etc.

Now guess what happened? Those fast food restaurants are replacing workers with kiosks, yes kiosks. as well as sophisticated food preparation machines.

So now, the workers have lost their jobs and those evil corporations are still there making even more profits.

Also in Seattle the same thing is happening, Seattle restaurants are closing and or leaving the city. So that means more people are losing their jobs….

So now we have to pay those "displaced " workers with some type of govt aid, called Socialism, which has to burden tax payers even more>>>>

Yeah this system works very well….straight from Pandora’s box.

Oh and by the way Reebok will replace ALL of its workers with Robots by mid 2017….I guess they are afraid of facing social justice…

Well done Socialist well done, another abysmal failure you can put in your cap!
commented 2016-01-23 20:49:32 -0500 · Flag
I personally am somewhat wary of opposition to free trade. Although foreign sweatshops have terrible conditions, the people are choosing to voluntarily work there. This does not make it moral. However, it makes me wonder about how bad the alternative must be if people would voluntarily choose to work in such terrible conditions. I know that many local sweatshops are apparently even worse. In such a situation, a better way to help them may be by providing them with superior alternatives to such risky jobs.

Perhaps an alternative could be by instituting far-reaching guest worker programs, such that many foreigners could work domestically where working conditions can be more closely regulated?

Anyway, as an econ student I think the government’s job is to internalize externalities. So if a private behavior incurs a cost on others which is not borne by the acting firm, then the government should enact regulations such that the firm does bear those social costs. IE, the private cost of burning coal is just the cost of buying the coal and setting up the infrastructure. But an external cost exists in the form of healthcare costs due to pollution, the monetary costs of any environmental damage, as well as property damage and other damage due to the resultant climate change. Ideally the government could institute regulations such that the private costs increase for the firm to match these social costs. That way, the firm would only engage in such an action if the benefits to society were greater than the costs to society as a whole.
commented 2015-12-18 23:21:47 -0500 · Flag
Actually, the military is a self controlling/regulating entity, (they even have their own parallel legal system) . The only countries that have/had their military controlled by the government were communist (ex. USSR, North Korea), were each military unit had/has a party official attached to control it.
commented 2015-11-10 22:01:18 -0500 · Flag
Mary, somehow I doubt you take issue with the government controlling/regulating the military….

If not the government then who should place regulations on corporations? What entity could propose and enforce something like Glass Steagall? What entity could break up—pre-Sherman Act—large corporations working towards monopoly?

I’m curious to know how corporations are controlled and consumers are protected in your perfect world.
commented 2015-09-18 09:05:49 -0400 · Flag
I have a problem with government controlling/regulating ANYTHING. There are too many politicians whose attitudes align with the capitalist mind set and seek to use their position to gain revenue in any form possible, such as incentives, handouts, etc. This democratic socialism seems to want to level the playing field, but everyone must be on board with it. I don’t see that happening. Someone will always find a way to manipulate the “system” to their benefit. I also see taxes skyrocketing to a point where it cripples those in the middle class’s ability to get any further than simply keeping their “noses above water”.

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