Libs: why do corporate profits anger you?

pre-tax profits don't trouble them, its afit profits that do ...

"I do think at a certain point you've made enough money." ... Obama

Because most of them don't have a 401k.

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"I do think at a certain point you've made enough money."

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"Except when I get paid 400-grand for a 90 minute speech."

I'm all for profits but not ones that come from crony capitalism and over-regulation by the government.

I think you mean progs.

I'm a lib and I have no objection to corporations making a profit.

Im a lib. But also a huge capitalist so the OP doesnt really compute.

Sorry not sorry.

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So how do you decide who's guilty of this ill-gained profiteering?

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Executive salaries vs. line-level salaries, evnironmental records, who they lobby and why, giving back to communities they're located, etc.

Take Wal Mart for example. I despise Wal Mart. Never shop there. They received massive tax abatements from towns to get them to locate there, drive family businesses out of business, underpay employees to the point they have to remain on government asistance(though they have gotten better at this in recent years), while their executives are raking in money. It's legal exploitation.

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Corporate profits don't anger me. Corporate profits at the expense of the environment, the working class, the community, etc. do anger me. Not all corporations are guilty of that, but many are.

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Got sign off from two other libs, so let's use this.

The environment: Yes, I agree to a large extent. But my objection is that libs take it too far. Any human activity is going to hurt the environment. So some harm will come from business activity. And often time regulation harms innovation and improvement that would actually help. But I agree with you in principle

Working class: Well the Trumpkins will probably agree with you on this one, but I don't. Aside from some truly egregious examples that really don't exist in the US (company towns) I think labor gets what it's worth.

Community: What the hell does this even mean? This sounds like a catch all excuse for taking corporate profits to spend on your social priorities.

If you means something like zoning, I can get behind that. If you mean company X produces something I don't like (alcohol, guns, violent video games, etc) then I think that is dangerous territory. I could get behind regulating pay day loans though.

If you mean overall regulation for consumer protection: I am again in agreement. There it's just a balancing act of stifling innovation and progress versus looking out for consumers.