I like that idea. If you do something illegal but minor the board has to give up a certain number of shares to the government. More for larger crimes. Do something bad enough: government nationalizes the whole company.
With enough small crimes the government gets significant influence in shares. I bet the billionaires would hate that.
Something something government abuse being used to forcefully take over companies, businesses driven over seas, new avenue for corruption to flourish, etc.
I think businesses should be held accountable too, but creating a superhighway to nationalize control of any business that steps out of line is a recipe for disaster. How long until politicians use that power to find justification for stealing whole corporations?
Except that we don’t hold politicians accountable for Jack shit. So in the end the billionaires would just pay the politicians to pretend the government owns it while getting all the decision making back through bribes lobbying
I like that idea. If you do something illegal but minor the board has to give up a certain number of shares to the government. More for larger crimes. Do something bad enough: government nationalizes the whole company.
With enough small crimes the government gets significant influence in shares. I bet the billionaires would hate that.
Something something government abuse being used to forcefully take over companies, businesses driven over seas, new avenue for corruption to flourish, etc.
I think businesses should be held accountable too, but creating a superhighway to nationalize control of any business that steps out of line is a recipe for disaster. How long until politicians use that power to find justification for stealing whole corporations?
Just need to pair with enough transparency so that no one politician can own a business because the state owns it.
Except that we don’t hold politicians accountable for Jack shit. So in the end the billionaires would just pay the politicians to pretend the government owns it while getting all the decision making back through
bribeslobbying