Shareholder capitalism fails - think about this when you vote.

I bookmarked an article from "Salon" last week, and finally got around to reading it today. It's worth the five minutes it will take you to read. Here's a couple of excerpts:

"By cutting taxes, slashing wages and destroying unions, the U.S. was supposed to lead the world in high-tech industry. But a recent study by the Asian Development Bank found that the majority of the added value of iPhones assembled in China come from high-tech companies in Japan, Germany and South Korea, whose inputs dwarf those from American companies. For a generation we've been told that the European and Asian capitalist countries were doomed by statism and high wages. Instead, they dominate global high-tech industrial production, while the U.S. continues to be deindustrialized."

or this...

"America's most dysfunctional industries have the best-paid CEOs. The U.S. spends twice as much on healthcare as other developed nations, with no better results, and the runaway cost of medicine in the U.S. is the biggest threat to the economy in the long run. And yet a Wall Street Journal CEO compensation study in 2010 found that healthcare CEOs did much better than their equivalents in more productive industries like energy, telecom and consumer goods.

The disproportion between the compensation of American financiers and their foreign equivalents is even more grotesque. In 2008 Jamie Dimon, the CEO of JP Morgan Chase, the world's fourth largest bank, was paid $19.6 million. Jiang Jianqin, the head of the world's largest bank, the Industrial and Commercial Bank of China, earned $234,000 -- 2 percent of Jamie Dimon's compensation."

Think about this when you cast your vote on May 2nd. One of the parties is the "friend of business". Someone else is the "friend of the worker". Take the time to understand where each stands, and which one is likely to benefit you and your kids.