![\"\"](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/2020\/01\/2020-APP-Morning-Update.jpg\")
<\/p>\nRUSH: Last August, the members of the Business Roundtable signed a document promising to be kinder and gentler. The CEOs of 181 large corporations vowed to run their companies to benefit their employees and their communities – not just their shareholders.<\/p>\n
Now the New York Times is slamming those corporations for ditching their promises of a “gentler” capitalism during the coronavirus shutdown.<\/p>\n
<\/p>\n
According to the Times, key signatories of the pledge are laying off workers. And they aren\u2019t adequately protecting the employees with masks. Instead, they\u2019re paying dividends to their shareholders, while our “planet is under assault from a pandemic.”<\/p>\n
The Times quotes a worker who was furloughed by a big hotel chain. He complains that the hotel made “billions and billions of dollars,” but the money didn\u2019t go to the employees. Now he can\u2019t believe the company told him: “We don\u2019t need you.”<\/p>\n
There are apparently a lot of people who don\u2019t understand that the first purpose of business is to make money. If a hotel chain doesn\u2019t have customers, the company can\u2019t afford to keep the staff employed to sit around and do nothing.<\/p>\n
Same goes for media companies. This New York Times article doesn\u2019t mention that the New York Times has laid off people many, many times for the same reasons.<\/p>\n
Capitalism is not gentle and it isn\u2019t welfare. It is viciously competitive, it\u2019s bloodthirsty. And it\u2019s what makes the world go \u2019round.<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: There are apparently a lot of people who don't understand that the first purpose of business is to make money.<\/p>\n","protected":false},"author":56,"featured_media":332906,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"\n