Monday, 5 September 2016

Irish government's reluctance to tax Apple exposes the power of the corporations and it is they that really govern the world

The fact that the Irish goverment does not want to take more tax from Apple for fear it might relocate underlines that it is the corporations that now run the world-not nation states. Worryingly, these corporation are accountable to virtually no one, other than share holders, whose main interest is the maximisaton of profit.
The other recent example of a rail company making rail profits, then one of its subsidiary parts being awarded £20 million for appalling service over recent months, provides further evidence of the power of the corporation.
The phrase going to hell in a handcart springs to mind.

*published in I on 6/9/2016

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