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Work Life Balance in Economic downturn
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Wednesday, October 9, 2019
Terms and angles of vision Essay Example | Topics and Well Written Essays - 250 words
Terms and angles of vision - Essay Example Another instance is where corporations are identified as prioritizing their profits, shareholders, and CEO bonuses and salaries at the expense of the country and its workers (Johnson 74). In this case, the power of corporate rule has allowed corporations to move their plants to countries that have cheaper labor and less stringent laws and regulations. Indeed, the writerââ¬â¢s view is that corporations are self-perpetuating, especially as big money from these corporations enables them to buy lobbyists, political support, and favorable laws, tax codes, and policies (Johnson 74). A third instance in which the writerââ¬â¢s view is directed towards the concept of ââ¬Å"corporate ruleâ⬠is on the point of skyrocketing health costs, which are attributed to American pharmaceutical corporations, which have managed to influence laws that prohibit US citizens from purchasing foreign-made, lower-priced medicines despite the presence of free trade policies. This point of view shows how corporations have taken advantage of globalization and free trade to become the new ââ¬Å"central economyâ⬠, in which they have unequal influence on the economy of the US and, indeed, developing countries across the world (Johnson 92).Thus, the writer argues from an angle of vision that corporate rule is bad for the American and global economy and should be
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