[governance] Google's tax avoidance is called 'capitalism', says chairman Eric Schmidt

Riaz K Tayob riaz.tayob at gmail.com
Sun Dec 16 05:04:06 EST 2012


And here is the nub... does the pursuit of self-interest lead to the 
common good, necessarily; as neoclassical or market-orientated types posit?

And why is the tax system skewed in such a way that ordinary workers pay 
more taxes proportionately than corporations? Is this fair or equitable? 
And is it "natural" that capitalism (of which there are many, many 
varieties) is shaped this particular way, rather than another way?



On 2012/12/15 11:06 PM, michael gurstein wrote:
> http://www.telegraph.co.uk/technology/google/9739039/Googles-tax-avoidance-i
> s-called-capitalism-says-chairman-Eric-Schmidt.html#
>
>


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