The Problem with Capitalism - The System is Broke, How do We Fix It?
How American CEOs got so Rich - Stock Markets and Money Laundering, a Criminal Breach of Economy
How the world got into this mess...
The first initiative is to curb corporate political activities overstepping their reach of widening the gap between business profits and social communities by which they prosper and proliferate from supply and demand, insider trading, hostile takeovers, ie. inflation. In other words, monopolies need to be rebalanced and the mega surplus profits redistributed to those at all levels who made them successful, ie. drop the psychopathic robber baron mentality for power and influence. Temper their prospects with a responsibility to social conscience. It takes a community to raise a child. If you are the parent, ie. patriarch, then be responsible to those you steward, rather than to use and manipulate them for gain and profit.
Elizabeth Warren's proposed Accountable Capitalism Act :
Would redistribute trillions of dollars from rich executives and shareholders to the middle class - without costing a dime.
Elizabeth Warren's War on Corporate Tax under a proposed Accountable Capitalism Act
A proposed Office of United States Corporations inside the Department of Commerce would stop the bleed and redistribute wealth similar to the Securities Act of 1933.
Warren’s plan starts from the premise that corporations that claim the legal rights of personhood should be legally required to accept the moral obligations of personhood, with employees, customers, environs and the community as partners to help them succeed in the market. Warren’s proposal is about ending inequality, while saving capitalism from the polar opposite of socialist communism and fascism.
This is not a new idea, but an idea who's time has finally come. Check out this 2003 documentary on the state of the corporation claiming the legal rights of personhood.
Based on Joel Bakan’s bestseller The Corporation: The Pathological Pursuit of Profit and Power : .https://fuckwhat.livejournal.com/9501.html
Office of United States Corporations inside the Department of Commerce and require any corporation with revenue over $1 billion - only a few thousand companies, but a large share of overall employment and economic activity - to obtain a federal charter of corporate citizenship. United States Corporations would then be required to allow their workers to elect 40 percent of the membership of their board of directors. It’s easy to imagine the restrictions on corporate political activity and some curbs on stock sales shenanigans becoming broad consensus points for decongressional Democrats.
If imposing stakeholder responsibilities on businesses and requiring many of the seats at the biggest firms to be elected by workers pushed the S&P 500’s Q ratio down to German levels (which is probably a high estimate since German codetermination rules are somewhat tougher than her proposal), share prices could fall by 25 percent. For the vast majority of people who earn the majority of their income by working for wages, cheaper stock would be offset by higher pay and more rights at work.
https://www.vox.com/2018/8/15/17683022/elizabeth-warren-accountable-capitalism-corporations
Fight corruption, fuck communism, fuck fascism, fuck socialism, fuck corporatism.
dr. π (pi)
.
How the world got into this mess...
Click to viewThe first initiative is to curb corporate political activities overstepping their reach of widening the gap between business profits and social communities by which they prosper and proliferate from supply and demand, insider trading, hostile takeovers, ie. inflation. In other words, monopolies need to be rebalanced and the mega surplus profits redistributed to those at all levels who made them successful, ie. drop the psychopathic robber baron mentality for power and influence. Temper their prospects with a responsibility to social conscience. It takes a community to raise a child. If you are the parent, ie. patriarch, then be responsible to those you steward, rather than to use and manipulate them for gain and profit.
Elizabeth Warren's proposed Accountable Capitalism Act :
Would redistribute trillions of dollars from rich executives and shareholders to the middle class - without costing a dime.
Elizabeth Warren's War on Corporate Tax under a proposed Accountable Capitalism Act
A proposed Office of United States Corporations inside the Department of Commerce would stop the bleed and redistribute wealth similar to the Securities Act of 1933.
Warren’s plan starts from the premise that corporations that claim the legal rights of personhood should be legally required to accept the moral obligations of personhood, with employees, customers, environs and the community as partners to help them succeed in the market. Warren’s proposal is about ending inequality, while saving capitalism from the polar opposite of socialist communism and fascism.
This is not a new idea, but an idea who's time has finally come. Check out this 2003 documentary on the state of the corporation claiming the legal rights of personhood.
Based on Joel Bakan’s bestseller The Corporation: The Pathological Pursuit of Profit and Power : .https://fuckwhat.livejournal.com/9501.html
Office of United States Corporations inside the Department of Commerce and require any corporation with revenue over $1 billion - only a few thousand companies, but a large share of overall employment and economic activity - to obtain a federal charter of corporate citizenship. United States Corporations would then be required to allow their workers to elect 40 percent of the membership of their board of directors. It’s easy to imagine the restrictions on corporate political activity and some curbs on stock sales shenanigans becoming broad consensus points for decongressional Democrats.
If imposing stakeholder responsibilities on businesses and requiring many of the seats at the biggest firms to be elected by workers pushed the S&P 500’s Q ratio down to German levels (which is probably a high estimate since German codetermination rules are somewhat tougher than her proposal), share prices could fall by 25 percent. For the vast majority of people who earn the majority of their income by working for wages, cheaper stock would be offset by higher pay and more rights at work.
https://www.vox.com/2018/8/15/17683022/elizabeth-warren-accountable-capitalism-corporations
Fight corruption, fuck communism, fuck fascism, fuck socialism, fuck corporatism.
dr. π (pi)
.