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Clickmeter Reviews
These policies hurt the workers, damage the US economy, and sometimes shift a companies business expenses to the US taxpayer. Many companies justify these practices by saying that they are following the law, but we should not forget that many of the laws were made by politicians influenced by lobbyists and money. Even though they are following the law, the ethics and the patriotism of those companies are questionable.
Though Wall Street and CEOs may profit from the focus on shareholder value, there are other stakeholders in the company who should be considered. Workers have a stake in the company as their well-being depends on it. Yet, low pay makes workers lives miserable and many of them must sacrifice time with their family in order to take a second job. Taxpayers also a have a stake in companies. Tax avoidance and tax havens reduce tax revenue and add to the national debt. Shifting jobs overseas hurts American worker's buying power and reduces their contributions to income taxes.
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