Tag Archives: venture capitalism

“Vulture” capitalism has to go…

Well….do you miss Sears, K-mart, Toys r Us, and any of the other retail operations that were doing perfectly fine until what I call “vulture” capitalists swoop in and buy companies across this country with no intent of keeping them going concerns but to strip them, sell off the parts, and walk away with millions for just a few people? This usually leaves the employees holding the bag when their healthcare and pensions disappear and they are left with maybe 10 cents on the dollar if even that much…and now, the vultures are circling around our food supply with many of these “capitalist” VC firms buying up small and large farms to hold for a while until they can figure out how to strip mine these businesses, too….and now especially with the explosion of farm bankruptcies caused by idiot boy’s tariffs, the vultures are being handed another part of this country with no concern for the damage that they have done everywhere else they have been…and this damage is not only limited to the farms they are buying, but when they consolidate small farms into large ones, they sure aren’t going to buy supplies from the local stores that supported the family farms but they will look for national contracts from other supply behemoths that they can squeeze every penny out of from the economy of scale….so a system that was working perfectly fine for small farmers until trump and these vultures came along is going to be destroyed just so the 1% can steal even more money from the rest of us….this is one of the reasons why inequality has ballooned in this country and has to be ended by any means necessary since VC really serves no role other than to transfer wealth to the 1%….okay, candidates, what’s the plan to fix this?