Saturday, February 01, 2014

Bully Nation

1 February 2014
Yale Magrass and Charles Derber, Truthout | Op-Ed

Bullying is the means through which the corporate empires were built. Carnegie and Rockefeller intimidated and threatened their rival capitalists to cede them an ever-larger share of the market. They brought in Pinkerton goons to beat striking workers into submission. Workers were forced to either sign "yellow dog" contracts and pledge not to join unions, or be thrown into the street. Similar bullying practices continue today. Corporations warn entire communities they will shut down factories and undermine the local economy if they do not accept low wages and minimal regulations. Banks entice consumers to borrow through predatory loans and then raise interest rates and threaten foreclosure. The corporations are clear they have the power and will not tolerate challenges from weaklings who fail to know their place.


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