More proof that just what we need is less regulations, less enforcement, and more of the abusive and corrupt executives and businesses being allowed to do whatever they please.
I don't even think that more regulation will help. As YmirGF said, corrupt business leaders will just find their way around it. The problem, and conversely the solution, is to hold the corporate leaders responsible. In many cases you can't really punish the company as a whole, because doing so will cause a lot of economic upheaval, and will end up punishing the lower and middle class because of job loss and other various factors.
But I tell you this... Jaimie Dimon starts facing some jail time, and things will start to change real quick. The corporate heads of office are responsible for the actions of their respective companies, and if their companies are committing illegal actions they should have to pay the price.
At the least, their salaries should be cut, instead of the salaries of the companies low level workers. In any regard, you start punishing the high level executives of these large corporations and things will start changing quickly.
What is your source of information?
Just google search income level compared to homicide rate, suicide rate, crime rate, etc. etc. You will find plenty of studies that show the correlation/causation.
Here's one just to get you started.
How Income Inequality Affects Crime Rates | Finances Online
That is the part, I don't quite get, Shadow Wolf. I don't think anyone with a brain is in favor of the rape and pillage methods employed by some members of the business community. The problem is how to put an end to it. Regulations have a strange way of being nimbly skirted by clever accountants and lawyers whose sole role in life is to find loopholes.
Punish the executives!!!!
The problem is world wide and by that standard we're not the worst. But "not the worst" is hardly good enough.
Indeed, it is not nearly "good enough" for the U.S. to be "good enough". We affect the entire world's economy, not to mention that U.S. based companies are using other countries lack of labor laws, tax laws, and other such "loopholes" to abuse the lack regulation in other countries. We should be the country to help institute regulation in other countries, not the country that is abusing other countries lack of regulation. Apple is a prime example of this:
Why are we supporting Apple
How Apple Reduces What It Pays In Taxes - Business Insider
I thought I read somewhere but have never been able to find it something about how laws increase when morality decreases. Over my lifetime, almost 70years, the world has become a better place with all sorts of positive signs. But we have a ways to go.
I've seen that law vs. morality correlation before too.
In the interim, it helps when people have a clear-eyed view about what is going on and how the government-business corruption works. There's no magic wand but having people who understand what is going on and act accordingly are steps in the right direction.
I agree totally!!! People have been tricked into not discussing politics and business for far too long. Now the general population has no idea what's going on, and is more concerned with American Idol, then why they are living check to check every month.
The scary thing is, that a lot of people know, and just don't care. They're comfortable being screwed by large corporations, and don't see any reason to get out of their comfort zone to try to improve the lives of themselves and those around them.