Framing the Dialogue

Posts Tagged ‘great society’

Capitalism Then and Now

The recent headlines regarding General Electrics profits contrasted with their ability to paying any taxes in the United States had a lot of us scratching our heads.  I am sure there are no direct connections between GE’s ability to curry favor with the Obama Administration and their prominance in U.S. politics.  I am also sure that the fact that their former ownership of NBC and that network’s almost cult-like support of all things Obama played no factor in any subsidies that the company received directly or indirectly via customers who use their products.  As you know I am a thinker and a visual guy so I pulled out my old process diagram system and put together what capitalism might have looked like then (perhaps the turn of twentieth century)…