Corporate profits evolution

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kuraimen

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#1 kuraimen
Member since 2010 • 28078 Posts

This is basically why this system has to change. It is intrinsically unsustainable.

Murder, Inequality, Corporate Profits and Free Trade Go Together

http://www.alternet.org/newsandviews/article/896866/murder%2C_inequality%2C_corporate_profits_and_free_trade_go_together/

You can see the beginnings of financialization and globalization in the early 1970s. The trade gap gradually expanded during the Reagan Presidency in the 1980s, then the gap began widening after Clinton signed NAFTA and really took off in the late 1990s after American businesses figured out how to do business in China (after Clinton let China into the WTO). Then there was an explosion of the trade deficit and corporate profits after Bush came into office in 2000. This system briefly collapsed during the recession of 2007-2009. President Obama's policy framework resuscitated this architecture of corporate profits at the expense of workers' paychecks and, well, lives.

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CptJSparrow

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#2 CptJSparrow
Member since 2007 • 10898 Posts
No.
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kuraimen

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#4 kuraimen
Member since 2010 • 28078 Posts
No.CptJSparrow
Yes
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themajormayor

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#5 themajormayor
Member since 2011 • 25729 Posts

Maybe

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kuraimen

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#6 kuraimen
Member since 2010 • 28078 Posts

Maybe

themajormayor
No, yes
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themajormayor

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#8 themajormayor
Member since 2011 • 25729 Posts

Yes

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kuraimen

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#9 kuraimen
Member since 2010 • 28078 Posts
Maybe
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coolbeans90

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#10 coolbeans90
Member since 2009 • 21305 Posts

No.

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themajormayor

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#11 themajormayor
Member since 2011 • 25729 Posts

C-c-c-c-c-ombo bre-

jk I hate that meme

maybe

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Jolt_counter119

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#12 Jolt_counter119
Member since 2010 • 4226 Posts

Yes.

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Crunchy_Nuts

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#13 Crunchy_Nuts
Member since 2010 • 2749 Posts
I don't understand what the blue line is showing. Is it showing exports going up (hence the widening of the gap), or is it showing exports going down because the numbers are negative?
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themajormayor

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#14 themajormayor
Member since 2011 • 25729 Posts
I don't understand what the blue line is showing. Is it showing exports going up (hence the widening of the gap), or is it showing exports going down because the numbers are negative?Crunchy_Nuts
nooo you ruined everything :x
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HubbaHax

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#15 HubbaHax
Member since 2012 • 69 Posts
Survival of the fittest, that is all this world is.
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David719

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#16 David719
Member since 2007 • 2187 Posts

No?

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kuraimen

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#17 kuraimen
Member since 2010 • 28078 Posts
I don't understand what the blue line is showing. Is it showing exports going up (hence the widening of the gap), or is it showing exports going down because the numbers are negative?Crunchy_Nuts
Exports going down. The more profit and freedom corporations get the more they outsource their work so production and services go down.
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kuraimen

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#18 kuraimen
Member since 2010 • 28078 Posts
[QUOTE="Crunchy_Nuts"]I don't understand what the blue line is showing. Is it showing exports going up (hence the widening of the gap), or is it showing exports going down because the numbers are negative?themajormayor
nooo you ruined everything :x

No
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Jolt_counter119

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#19 Jolt_counter119
Member since 2010 • 4226 Posts

I don't understand what the blue line is showing. Is it showing exports going up (hence the widening of the gap), or is it showing exports going down because the numbers are negative?Crunchy_Nuts

Blue line is net exports and it is going down. We are importing more than we are exporting.