If you dont have 400% or more profit margins you are considered a joke, pleasing shareholders has nothing to do with making a product that will last or make a strong customer relationship, its about how many people they can cut. Its a small picture instant gratification system that stems from this ongoing impatience people have and its counter to long term sustainability. But for some reason people lose their jobs and still don't see why this current system is bad for them.
How do you propose "the people" change it, stop working? stop buying things?
in the "wonderful" past Moonbat speaks of global competition for jobs wasn't a reality, economics were favorable to companies which produced in the same country which they sold due to limited technology.
As we all know, things are no longer that simple....you can source products and services from anywhere, companies don't have to be headquartered in the country where they originated, and Murders and executions are the name of the game...
As someone said above you either change to adapt or you die...companies focus on shareholders because they drive revenue...CEOs are paid highly because other CEOs are paid highly and no matter how many of them take pay cuts it does little for the salary of the average workers.
I really wish there was an easy fix for all of this but there isn't, more people will fall into the marginally skilled category and move into lower middle class IMHO.
Meanwhile-
http://www.npr.org/templates/story/story.php?storyId=129068241
That just means poor people are soft in the head, right?
umm big deal, its pretty well known that those who are less well to do aren't good at managing what money they have
realizing your trying to spin this as the wealthy are a bunch of misers which some/most may very well be, but the old adage the wealthy got wealthy by not spending and the poor stay poor by spending to much often rings true to some degree.
Reminds me of that story where a couple was getting by with only $5 left to their name each month but considered a membership to the YMCA and relatively large monthly donation to some cause necessities...don't care how well intentioned you are, that is just dumb.