Dead Peasants Increase Corporate Profits

[jerrypenguin]

After working an employee (aka employee/peasant) to death, the corporations profit.  Our "social betters," are real winners.  It would not be surprising if Wal-Mart starts boiling down dead employees and selling the distillate along with fish fertilizer.  Wal-Mart is a company that participates in the dead peasant policies.

I became aware of this "human resources" procedure after watching Michael Moore's CAPITALISM - A LOVE STORY

The Basics

Does your boss want you dead?


'Dead peasants' insurance pays your employer a secret, tax-free windfall when you die. Insurers have sold millions of policies to companies such as Dow Chemical.

 By Liz Pulliam Weston - MSN Money

Right now, your company could have a life insurance policy on you that you know nothing about. When you die -- perhaps years after you leave your employer -- the tax-free proceeds from this policy wouldnt go to your family. The money would go to the company.

--------------- FOLLOW THE LINK FOR THE STORY --------------

[anarchist]

i posted a story on this recently. the company does not own your body, so how do they insure something they dont own? is there anyway one can find out if there is an insurance policy against them?

[jerrypenguin]

i posted a story on this recently. the company does not own your body, so how do they insure something they dont own? is there anyway one can find out if there is an insurance policy against them?

I attempted to find prior posts using the search function.

[Time]

Life insurance really isn't about insuring something you own, it has to do with providing the beneficiary with funds that counter the loss of income and added financial burden that go along with the death of a family member or a key person/employee at a business.  Life insurance policies are not meant to provide "profit" for any individual or corporation.  For a corporation like Wal-Mart, key person insurance for an "associate" should cover  no more than the costs associated with hiring a new associate in the event of the insured's death.  Many corporations that take out dead peasant's insurance do with the hope of collecting MUCH MORE than the re-hiring costs associated with the death of an employee.  This practice must cease.  Any instance of a corporation profiting (premiums paid + rehiring costs<payout) from a life insurance policy payout must be investigated.  

[joewp]

Investigated by whom? The same government that let them get away with it in the first place and is comfortably resting in the corporation's pockets?

Don't bet on it.

[kathleen]

Don't some of these companies even retain policies on ex-employees? I thought that I heard that somewhere...?

I don't understand how they can take out a policy on you without your knowledge. Corporations truly wield some bizarre powers.

[Time]

Investigated by whom? The same government that let them get away with it in the first place and is comfortably resting in the corporation's pockets?

Don't bet on it.

Herein lies the tragedy of this pseudo republic in which TPTB keep the citizenry deluged with divisive distractions via the dual-income household, the 24-hour news cycle, and the pernicious "ME" complex.  Only a small percentage of the population has the time, desire and level of awareness to do anything about the true evil that has infiltrated our society.  That small percentage is deliberately kept small enough to strip it of the strengh to rock the boat.

[jerrypenguin]

Investigated by whom? The same government that let them get away with it in the first place and is comfortably resting in the corporation's pockets?

Don't bet on it.

Herein lies the tragedy of this pseudo republic in which TPTB keep the citizenry deluged with divisive distractions via the dual-income household, the 24-hour news cycle, and the pernicious "ME" complex.  Only a small percentage of the population has the time, desire and level of awareness to do anything about the true evil that has infiltrated our society.  That small percentage is deliberately kept small enough to strip it of the strengh to rock the boat.

Bold Added

I couldn't be more in agreement.  I'm a gray-beard who started reading about this stuff at age twelve.  Along the way, I acquired a great formal/informal education, continued reading and questioning, spent time as a suit and working aboard ships or in mills, traveled over the globe, hiked, cycled, climbed and more.

A lot of the current US situation has roots back to 1870.  It gets worse when the corporation was defined as a person and later when the Federal Reserve was created (Jekyll Island).  Everything accelerated after 1950.   I agree, many people may not have the time to read tens of thousands of pages to acquire a broad perspective.  For them, the first step is the decision not to remain inert.  Secondly, turn off the idiot box (I never owned a television) and to a lesser extent radio.  At least, on the web or with something recorded, you can review the statements several times and filter commercial "messages."  Incidentally, analysing commercials is fun.

Get active locally.  Forget about an E-Petition to the President of the US or sending something to FOX News.  Do you actually believe your individual statement about health care, housing, education, unemployment, or war mean anything to those of loftily position and power?  On the local level, pick and study your issue.  Learn all aspects of what is meaningful to you.  Along the way, you may pick up some of the stuff mentioned in the above paragraph.  Then, interact with others.  This includes the local power structure.  A few well placed statements or questions can have quite an impact.  You may discover many others have a kindred perspective.