Since the foundation of the United States in the eighteenth century, Americans have always been rather capitalistic. Whether the business is a small, family-owned store on the corner or a large corporation that has millions of dollars to spend, all businesses of any kind compete with one another. Competition for success in business has never been greater. In recent years, large corporations have become a serious issue due to their extreme greed. This has hurt small businesses across the country, and now, the quantity of small businesses is on the decline. Small business is what made the American dream exist, and without them, America would not be where it is today. As a result, more regulations should be enacted onto large corporations, such
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For instance, too much money can create a greed that may harm someone in the long run, and corporate greed can be devastating. Corporate greed can result in loss of lives and business, so it is best to prevent it. According to a writer for the Internal Auditor, “‘The way to prevent acts of greed that negatively affect the company is to remove not the actor, but the attractiveness of the acts” (Jackson 34). The fast food industry is one of the greediest industries in the United States. For example, they generally pay their workers very little while the top executives earn huge amounts of money. According to one writer for The Washington Post, “Look no further than a few of America's largest corporations for evidence of the country's exceptionally large pay gap. An analysis from last year estimated that it takes the typical worker at both McDonald's and Starbucks more than six months to earn what each company's CEO makes in a single hour” (Ferdman). If this greedy act looked less attractive, then life for the common American would be much better, and the American dream would be on the rise. However, things are not that simple, so regulations should be enacted to narrow the income inequality gap. This would be best for the common American and the American dream.
Not every large corporation is corrupted by greed; however, the ones that are corrupted by greed pose as a threat to the common American and the American dream. These greedy corporations threaten the success of small businesses by allowing less opportunity to exist, and they do not treat their employees fairly. As a result, new regulations should be enforced to protect the average American. Until then, the American dream will almost cease to
For instance, too much money can create a greed that may harm someone in the long run, and corporate greed can be devastating. Corporate greed can result in loss of lives and business, so it is best to prevent it. According to a writer for the Internal Auditor, “‘The way to prevent acts of greed that negatively affect the company is to remove not the actor, but the attractiveness of the acts” (Jackson 34). The fast food industry is one of the greediest industries in the United States. For example, they generally pay their workers very little while the top executives earn huge amounts of money. According to one writer for The Washington Post, “Look no further than a few of America's largest corporations for evidence of the country's exceptionally large pay gap. An analysis from last year estimated that it takes the typical worker at both McDonald's and Starbucks more than six months to earn what each company's CEO makes in a single hour” (Ferdman). If this greedy act looked less attractive, then life for the common American would be much better, and the American dream would be on the rise. However, things are not that simple, so regulations should be enacted to narrow the income inequality gap. This would be best for the common American and the American dream.
Not every large corporation is corrupted by greed; however, the ones that are corrupted by greed pose as a threat to the common American and the American dream. These greedy corporations threaten the success of small businesses by allowing less opportunity to exist, and they do not treat their employees fairly. As a result, new regulations should be enforced to protect the average American. Until then, the American dream will almost cease to