Nicholas Goldberg: Business is the most trusted institution? Are you kidding me?
You'd think that people would have learned their lesson after years of financial industry gimmickry, corporate tax avoidance and mistreatment of workers. You'd think they'd get wise when they see companies moving their business off shore and stashing profits overseas. Or when corporations engage in mass layoffs during tough times while paying exorbitant salaries and bonuses to top executives. ...
by Nicholas Goldberg, Los Angeles Times
Jan 31, 2023
3 minutes
You'd think that people would have learned their lesson after years of financial industry gimmickry, corporate tax avoidance and mistreatment of workers.
You'd think they'd get wise when they see companies moving their business off shore and stashing profits overseas. Or when corporations engage in mass layoffs during tough times while paying exorbitant salaries and bonuses to top executives. Or when business interests fight against raising the minimum wage, try to keep out unions or fail to improve unsafe working conditions.
But no. Despite the evidence before their eyes, most people
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