U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to lower costs for Americans and increase production, or pay a higher tax rate, as he battles high pump prices with elections coming in a week.
Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax
Britain / Oil / Russia / Ukraine / United Kingdom / United States / War
Reblogged this on Unorthodox Truth and commented:
With C-capitalism leading us into the future we automatically become prey to profitability at the expense of citizen participation aka democracy. If the government on our behalf does not control /manage capitalistic tendencies wealth and power become the guiding principles driving ultimately anti-human and anti-planet policies [eg CV-19 and Ukraine]. Profit is not only anti-democracy, it is also anti-human. The Patriot Act, for instance, is a profit-led usurpation of democratic process forced on Congress by the imbalance of power enabled by Congress as prey
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