CORPORATE DEBT - Each household owes $10,000.00 per year in debt given to Corporations

http://www.alternet.org/economy/corporate-debt-society-10000-household-year?akid=12817.294211.MOv2Vj&rd=1&src=newsletter1032277&t=5

The Corporate Debt to Society: $10,000 Per Household, Per Year

Big business owes Americans big time for providing them most of their labor and resources. 

 

Over half (57 percent) of basic research is paid for by our tax dollars. Corporations don't want to pay for this. It's easier for them to allow public money to do the startup work, and then, when profit potential is evident, to take over with applied R&D, often with patents that take the rights away from the rest of us.

All the technology in our phones and computers started this way, and continues to the present day. Pharmaceutical companies have depended on the National Institute of Health. The quadrillion-dollar trading capacity of the financial industry was made possible by government-funded Internet technology, and the big banks survived because of a $7 trillion public bailout.