Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The Social Cost of Capitalism - Paul Craig Roberts
#2
Quote:By 2008 foreigners owned 14.2 percent of all US industries, including 21.5% of mining, 25% of manufacturing, 30.2% of wholesale trade, 12% of information industries, 12% of real estate, 15% of finance and insurance, 25% of professional, scientific, and technical services, 11% of entertainment and recreation and 11% of accommodation and food services, according to a report from Economy In Crisis. http://americawakeup.net/ownership

Numerous famous American brand names now are companies owned by foreigners.
Budweiser belongs to a Dutch company. Alka Seltzer belongs to a German company.
Firestone belongs to a Japanese company. The magazines Car and Driver and Woman's Day are owned by a French company. Gerber baby food and Purina dog food belong to Swiss companies. Hellman's Mayonnaise and Ben &
Jerry's ice cream belong to UK companies. Many thousands of former US companies have moved into foreign control as a result of the US trade deficit, which is swollen by the offshored production of US corporations.

Not Tom and Jerry's....?

Adele
Reply


Messages In This Thread
The Social Cost of Capitalism - Paul Craig Roberts - by Adele Edisen - 01-06-2013, 02:41 AM

Possibly Related Threads…
Thread Author Replies Views Last Post
  In order to survive, humanity must end capitalism! Peter Lemkin 1 3,854 02-10-2024, 06:45 PM
Last Post: Alan Ford
  Ron Paul: US is today a police state David Guyatt 7 9,356 16-01-2015, 05:08 AM
Last Post: Lauren Johnson
  Capitalism: A Ghost Story Lauren Johnson 1 4,222 23-04-2014, 06:07 AM
Last Post: Peter Lemkin
  Global capitalism and 21st century fascism Lauren Johnson 10 10,599 28-09-2013, 03:15 PM
Last Post: David Guyatt
  Using Metadata to Find Paul Revere Lauren Johnson 4 5,288 25-06-2013, 09:03 PM
Last Post: Lauren Johnson
  Crises of Capitalism Adele Edisen 7 7,438 01-05-2013, 02:18 AM
Last Post: Coby Brendon
  Six Arguments for the Elimination of Capitalism Ed Jewett 2 5,026 08-08-2012, 11:44 PM
Last Post: Magda Hassan
  Paul Craig Roberts: The Collapsing US Economy and the "End of the World" Adele Edisen 7 8,788 06-08-2012, 05:40 AM
Last Post: Peter Lemkin
  Ron Paul Shocks Campaign Staff With New Position On Israel Magda Hassan 0 3,762 14-04-2012, 03:22 AM
Last Post: Magda Hassan
  An InformationClearingHouse Video Two-fer: Social Justice ?'s & Crises of Capitalism Ed Jewett 0 3,803 31-01-2012, 06:49 AM
Last Post: Ed Jewett

Forum Jump:


Users browsing this thread: 1 Guest(s)