Friday, March 10, 2023

The ongoing epidemic of 'corporate greed' in the US

Former U.S. Secretary of Labor Robert Reich recently laid out his concerns about the ongoing epidemic of corporate greed in the United States.
In a new op-ed written for The Winchester Star, Reich began with a brief overview of what he observed during his time with the labor department writing, "I saw it when I was secretary of labor in the early 1990s, overseeing enforcing the nation's labor laws."
"The department had only 1,100 inspectors responsible for the health and safety of 130 million workers, including any children who might be working illegally in dangerous conditions," Reich wrote. "And not even the biggest penalty we could impose was high enough to deter companies that treated such fines as costs of doing business."
Robert Reich lays out his concerns about the ongoing epidemic of 'corporate greed' in the US

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