Klepto Capitalism

I came across this term while catching up on my 3QD posts. Klepto capitalism makes a lot of sense and it describes corporate America very well. How can a company pay its workers $50,000 per annum and give its top execs millions, if not billions, of dollars each year? I think that the worst culprits are in the financial sector, especially in merchant banks and investment banks, with their bloated end-of-year bonuses often going into millions. Even with the economic downturn, these ultra-rich are getting richer.

Klepto Capitalism (n.) — an economic system where publicly traded corporations are run not to produce value for shareholders but to provide obscene amounts of wealth for CEOs and top executives.

What we have in the United States is no longer capitalism but klepto-capitalism: a system where publicly traded corporations are run not to produce value for shareholders but to provide loot for a new class of corporate mega-thieves.

How To Research An Unknown Online Retailer

The Consumerist advises consumers on how to research an unknown online retailer.

Big Shots S01E04 (ABC)

This drama is intended for 18-49 year old males. With most of the action happening in boardrooms, maybe this show is intended for an older audience, let’s say something like 25-60. In the end, it doesn’t really matter. As I have mentioned before, Big Shots is like Desperate Housewives but for men.

Cameron makes an interesting discovery about her mom. She also learns a few new things about her dad. Karl continues to deal with his crazy situation. Marla is completely mad. James has to juggle his new single life with his work. The little black book still remains lost to the boys.

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Big Shots S01E03 (ABC)

Things are going well for ABC. They have ordered a full 22 episode season of Pushing Daisies. Things aren’t going so well for CBS. They canceled Viva Laughlin after only two episodes. I wasn’t surprised of that.

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Big Shots S01E02 (ABC)

I had to check just to make sure.

Sure that Big Shots wasn’t written, created and produced by the same people behind Desperate Housewives. The resemblance to that soap opera is uncanny. Just because the target audience is composed mostly of 18-49 year old males means that Big Shots is called a drama…

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Big Shots S01E01 (ABC)

As I mentioned earlier, I prefer Big Shots to Dirty Sexy Money. Is that saying much though? I honestly don’t know because I’ve come to realize that Big Shots is Desperate Housewives for men.

All the stories that make Desperate Housewives such a success with women have been transposed into Big Shots, trying to please men. You got men with affairs, men who are divorced, men having affairs with tranny hookers and men being cheated on by their wives.

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