Skip to comments.Silicon Valley Billionaires Are the New Robber Barons
Posted on 08/17/2017 5:03:48 AM PDT by Kaslin
Progressives used to pressure U.S. corporations to cut back on outsourcing and on the tactic of building their products abroad to take advantage of inexpensive foreign workers.
During the 2012 election, President Obama attacked Mitt Romney as a potential illiberal "outsourcer in chief" for investing in companies that went overseas in search of cheap labor.
Yet most of the computers and smartphones sold by Silicon Valley companies are still being built abroad -- to mostly silence from progressive watchdogs.
In the case of the cobalt mining that is necessary for the production of lithium-ion batteries in electric cars, thousands of child laborers in Southern Africa are worked to exhaustion.
In the 1960s, campuses boycotted grapes to support Cesar Chavez's unionization of farm workers. Yet it is unlikely that there will be any effort to boycott tech companies that use lithium-ion batteries produced from African-mined cobalt.
Progressives demand higher taxes on the wealthy. They traditionally argue that tax gimmicks and loopholes are threats to the republic.
Yet few seem to care that West Coast conglomerates such as Amazon, Apple, Google and Starbucks filtered hundreds of billions in global profits through tax havens such as Bermuda, shorting the United States billions of dollars in income taxes.
The progressive movement took hold in the late 19th century to "trust-bust," or break up corporations that had cornered the markets in banking, oil, steel and railroads. Such supposedly foul play had inordinately enriched "robber baron" buccaneers such as John D. Rockefeller, Andrew Mellon, Andrew Carnegie and J.P. Morgan.
(Excerpt) Read more at townhall.com ...
The lefties don’t look at them that way because their values are commie, godless and they make their iPhones work...they provide services which keep them anesthetized...asleep if you will.
Its the “Corporate Liberal” party and both sides are in it. Anybody who doesn’t see that after this week isn’t paying attention.
The left is all about social justice until they are in the drivers seat.
Then its dictatorial all the way.
This is BIG. Hanson now puts the rich dweebs in with the fascists.
Because the left owns the media they own what narrative is put out. If it’s not reported, it’s not happening. The left can get away with ANYTHING.
Its the Corporate Liberal party and both sides are in it. Anybody who doesnt see that after this week isnt paying attention.
They are progressive corportists in my book. Socialized medicine, pro big business government regulation, etc. They are on both sides of the political aisle. The smartest thing the pinkos ever did was take over corporate America.
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