Santa Claus Capitalism: when the extremely wealthy engage in systemic exploitative practices to undermines unions, hurts pensions, wrecks healthcare and/or makes life worse for ppl involved in their business and then sprinkle some good deeds for PR...
-they buy 5,000 Christmas trees for poor families
-or send a boatload of presents to coal miners
- buy groceries for old ladies
-or take a bunch of dying kids to NYC to see a Broadway show.
The Santa Claus'ing represents a tiny fraction of the taxes they avoided paying, or the pension they could be supporting. But pensions are boring, and dropping down for random acts of philanthropy is good for publicity, saves them money, and fools the media.
Corporations and capitalist barons LOVE Santa Claus'ing during the holidays, in the midst of disasters, or when a grassroots story goes viral. It distracts ppl from the taxes they should be paying or the gross class inequality that is growing in this country.
PS: most of those Santa Claus actions are tax write-offs for them.
-they buy 5,000 Christmas trees for poor families
-or send a boatload of presents to coal miners
- buy groceries for old ladies
-or take a bunch of dying kids to NYC to see a Broadway show.
The Santa Claus'ing represents a tiny fraction of the taxes they avoided paying, or the pension they could be supporting. But pensions are boring, and dropping down for random acts of philanthropy is good for publicity, saves them money, and fools the media.
Corporations and capitalist barons LOVE Santa Claus'ing during the holidays, in the midst of disasters, or when a grassroots story goes viral. It distracts ppl from the taxes they should be paying or the gross class inequality that is growing in this country.
PS: most of those Santa Claus actions are tax write-offs for them.
No comments:
Post a Comment