Howard Dean Democrats Leading America Back to Greatness

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Howard Dean Democrats Leading America Back to Greatness
Howard Dean is the DNC Chairperson. With his strong leadership the Democratic Party will
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The Myth of Corporate Accountability
By Howard Dean at yubanet.com
Monday 27 September 2004

In recent years, thousands of good paying American jobs have been sent overseas. Free trade has made it much easier for corporations to do business elsewhere, but free trade does not make it easier to protect workers and the environment elsewhere. This results in lost American jobs and downward pressure on American wages and benefits; leading to just what short sighted leaders in the world business community hoped for - to make quarterly results better.

But the truth is that there are very few "American" corporations of any size left. An even sadder truth is that many of these large multinationals no longer value employees as people, they see labor as nothing more than a commodity. And in the last ten years, they have seen small investors as a commodity as well.

The examples of corporations taking advantage of laborers and consumers are well-known. Enron bragged of how they cheated grandmothers who depended on them for electricity in California and also cheated their own employees by recommending they buy more stock in their pension funds as company executives were selling. [Continued]