asterisk2a + apple + fiduciary   3

Robert Reich on recent development - Tax Amnesty
[ shareholder capitalism ] 2.1trn $$$ parked in offshore banking for USA alone. ... USA x times bigger. ... UK estimate of up to 20bn a year of tax evasion and avoidance. // special deal of 10% tax on repatriation of offshore funds. // this is extortion // no Principles. you either pay your taxes or you are not allowed to do business in this country. // and it is not only cash it is also property and other assets ... companies will undervalue/price their value. not to market rate. see india's tax amnesty and that loophole people and companies exploited - bit.ly/1LjzHjk // >> tax is the price you pay for civilised and modern, western society! << //
tax  evasion  tax  avoidance  HMRC  Google  Amazon  Facebook  Microsoft  Apple  tax  amnesty  lobby  revolving  door  Career  Politicians  budget  deficit  offshore  banking  UK  USA  IRS  lobbyist  lobby  lobbying  presidential  election  2016  barackobama  presidency  austerity  TPP  TTIP  Wall  Street  profit  maximisation  shareholder  value  plutocracy  oligarchy  Super  Rich  1%  No  Representation  crony  capitalism  exploitation  white-collar  crime  shareholder  capitalism  fiduciary  responsibility  Gini  coefficient  inequality 
march 2016 by asterisk2a
VW: Das Auto? Der Betrug! Jakob Augstein zur Abgas-Affäre - SPIEGEL ONLINE
Nicht nur Banken betrügen, auch die Industrie. Das zeigt der VW-Skandal. Deutschland hält sich eher ans Recht als das Ausland? Ein Irrtum. Guter Kapitalismus, böser Kapitalismus? Gibt's nicht. Nur die Notwendigkeit des starken Staates. [...] Die Amoralität ist in der Idee der Firma an sich eingebaut. Menschen haben (vielleicht) Moral. Firmen nicht. Da liegt ein grundlegendes Missverständnis im modernen Kapitalismus. [...] In einem langen Artikel über Wirtschaftsethik hat der "Economist" einmal geschrieben: "Unternehmen, die lügen und betrügen, können nicht erwarten, lange im Geschäft zu sein, selbst wenn ihre Handlungen vom Gesetz gestattet sind." Wir wissen, dass das Gegenteil der Fall ist. Aber so streuen sich die Gralshüter der liberalen Wirtschaftsideologie selbst Sand in die Augen. [ The Corporation (2005) by Joel Bakan ] [...] Beschreibt das nicht perfekt das Wesen der großen Konzerne - je größer, desto besser? Und VW ist sehr groß. [ Amazon's monopsony ]
Volkswagen  conglomerate  VW  crony  capitalism  capitalism  profit  maximisation  shared  economic  interest  shareholder  value  self-regulation  regulation  regulators  oversight  transparency  lobbyist  lobby  Lobbying  revolving  door  Career  Politicians  climate  change  global  warming  Abgas-Affäre  emissions  carbonemission  carbonfootprint  economic  damage  short-term  thinking  short-term  view  post-capitalism  ethical  machine  moral  beliefs  fiduciary  responsibility  neoliberalism  neoliberal  liberalism  ideology  dogma  democracy  Gesellschaft  society  exploitation  economic  history  book  CEO  pay  Leadership  true  north  mainstreet.org  accountability  too  big  to  jail  GFC  banking  crisis  bank  bailout  bank  crisis  TBTF  subsidies  subsidizing  Workers  Union  Trade  Union  inequality  Gini  coefficient  too  big  to  bail  competition  oligarchy  oligopoly  oligopol  Super  Rich  1%  monopsony  Amazon  Google  Inc.  Apple  monopoly  Microsoft  antitrust  trust  distrust  No  Representation  social  contract  political  theory 
september 2015 by asterisk2a
Why has Apple broken its vow of silence? - BBC News
re-pricing // would Steve Jobs have done thing?! Not back then. But this time is different. This time, Apples future growth is in China, India, emerging market, emerging middle class of the developing world with western aspirations - consumption (type patter, meat and fancy electronics with a recognisable brand behind it (so ppl can put you into the category of 'made it' - status anxiety)., not in the western world with new products. And I think he took this as an opportunity to transmit that and his confidence into the future for apple - through those lines, 'sent to a worrying investor.' Apple is one of the richest, most valuable things America got. America (Apple) has confidence into the future to sell to the emerging middle class. As much as warren buffet believes in the industrial future strength, re-emergence, to make products affordable/competitively through cheap energy that USA has access now. // &! bit.ly/1JjFsXx talking abt Apples exposure 2 China & Co. Reliant on.
Apple  Tim  Cook  Wall  Street  Jim  Cramer  China  fiduciary  responsibility  SEC  insidertrading  insider-trading  emerging  middle  class  emerging  market  Developing  World  western  developed  Frontier  Markets  global  economy  global  trade  2015  warrenbuffet  aspirational  product  consumer  product  consumerism  materialism  status  anxiety  status  symbol  socioeconomic  status  social  status  consumerist  consumer  consumption  squeezed  middle  class  secular  stagnation  UK  USA  Europe  long-term  view  long-term  thinking 
august 2015 by asterisk2a

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