shareholders
In our own time the "jobs" rhetoric from both the right and the left ignores the power grabs and power differentials that led to the hemorrhaging of American jobs in the first place. The simple truth is that multinational corporations could make more money for their shareholders by outsourcing jobs to third-world countries so that is what they did.
This was not a moral dilemma for CEOs; it was a "sound business decision." And the gospel according to free-market capitalism (the USA's true religion) preaches that what is good for American business is good for America.
As part of Sojourners' campaign to end the war in Afghanistan, we will run a weekly Afghanistan news digest to educate our readers about the latest news and developments related to the war, the U.S. military's strategy, and the people impacted by our decisions. Read more about our campaign at www.sojo.net/afghanistan
Two weeks ago, McDonald's shareholders voted down a shareholder resolution asking the corporation to study how its advertising to children contributes to widespread childhood obesity. The resolution was sponsored by the Sisters of St. Francis of Philadelphia, along with a Catholic hospital network and other institutional investors.
Across the United States, there is a new movement emerging to dramatize the immorality of corporate tax dodging in the face of drastic budget cuts.
From my up-close-and-personal perspective as a cancer survivor, I couldn't agree more with LaVonne Neff's main point: it is the system, rather than insurance corporations, that is to blame for 18,000 unnecessary deaths a year