Charles Koch has spent his life building the business his father started. It was originally a middle sized oil business. Koch then expanded into everything from pollution and process control technologies and equipment and fertilizers to polymers and fibers and forest and consumer products. The company manufactures items such as Lycra, Stainmaster, Quilted Norther and the Dixie Cup. He has grown the company to 2000 times the size it was. Because of this and because Koch Industries pulls in a revenue of about 90 billion dollars per year, Charles Koch is worth nearly 42 billion dollars.
Koch grew up in Wichita, Kansas. He studied at MIT and received several degrees in engineering. He moved home and started to take over his father’s business. Over the years, he also started dipping his toe into the philanthropic world. Koch is known to give to many politically aligned organizations, that share similar principles to him, and also cultural and artistic organizations, mainly due to the trust his wife formed. His goal is to push the idea of a free market economy so that everyone has access to the same opportunities without regulations getting in their way.
In order to push this idea further, Charles Koch wrote an op-ed for The Washington Post. In the article he first addressed how Senator Bernie Sanders has been misrepresenting Koch’s stance on a variety of issues. Koch said he would much rather try and find common ground and he believes that he and Sanders share common ground on 2 issues.
The first issue that Charles Koch believes he shares with Senator Sanders is the criminal justice system. Koch believes that the criminal justice system is broken and targets certain groups of people rather than looking at all individuals equally. He does not believe that non-violent offenders should be in prison. The first problem is that is costs the tax payer money and the second problem is that as soon as an ex-convict is released there are many regulations that prevent him from gaining opportunities to move forward in life. These regulations include the loss of right to vote, get a meaningful job, have a credit card or loan.
Koch also agrees with Sanders on the issue of the current government system not working, especially with regards to big business. However, Charles Koch believes that there should be less government.
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