It's morally repulsive how large corporations are exploiting this crisis. Workers will suffer | Robert Reich

Using power and privilege to exploit the weak and vulnerable in the face of a common threat is morally repugnant. Call it ‘Burring’ after Richard Burr’s stock sell-offSocieties gripped by a cataclysmic wars, depressions, or pandemics can become acutely sensitive to power and privilege.Weeks before the coronavirus virus crushed the US stock market, Republican senator Richard Burr apparently used information he gleaned from his role as chairman of the Senate intelligence committee about the ferocity of the coming pandemic to unload 33 stocks held by him and his spouse. They were estimated at being worth between $628,033 and $1.72m , in some industries likely to be hardest hit by the global outbreak. Continue reading…
Via: It's morally repulsive how large corporations are exploiting this crisis. Workers will suffer | Robert Reich