Corporation Reform idea
12 years ago
Another pseudo-political journal from yours truly. I had an idea just a moment ago about something that MIGHT work when it comes to getting a capitalist system in place after the current one has utterly destroyed the 99% and implodes when there is no more money left to steal from us. Keep in mind that I don't completely understand economics, as I'm just a normal guy with no college education.
It would work like this: A single person acts as the head of any given company that has outlets open in five or more states. Nobody can own more than 5% of shares, and the CEO cannot own less than 55% of the shares, ensuring that he holds control of the company. The company is, wait for it, EXEMPT from all laws concerning large corporations except for taxes and the rules in this list, however the CEO is responsible for reporting all of his activities concerning the company. When reported, the average citizen can log into a reception website at any time and give an opinion concerning any reported action. This gives full awareness on the part of citizens and corporations. If a CEO fails to report their activities, the corporation is legally declared bankrupt, the CEO's bank accounts are locked and seized, and all of their assets that value higher than $30,000 are deemed forfeit.
As for keeping a corporation from growing overwhelmingly large, they are forced to pay a national minimum wage of at least $15 dollars an hour as well as a quarterly tax of 20%. This keeps the working class afloat while keeping the companies from hyperinflating. CEO's still get to live QUITE comfortably without dooming everyone else to starvation and hypothermia, and it will still take decades for a company to gain a considerable lead. Sadly, not much can be done once that lead is gained, as the leaders will be able to buy changes to these laws. Can't stop human greed forever.
Ideas, corrections and debunkings go right down there. V
It would work like this: A single person acts as the head of any given company that has outlets open in five or more states. Nobody can own more than 5% of shares, and the CEO cannot own less than 55% of the shares, ensuring that he holds control of the company. The company is, wait for it, EXEMPT from all laws concerning large corporations except for taxes and the rules in this list, however the CEO is responsible for reporting all of his activities concerning the company. When reported, the average citizen can log into a reception website at any time and give an opinion concerning any reported action. This gives full awareness on the part of citizens and corporations. If a CEO fails to report their activities, the corporation is legally declared bankrupt, the CEO's bank accounts are locked and seized, and all of their assets that value higher than $30,000 are deemed forfeit.
As for keeping a corporation from growing overwhelmingly large, they are forced to pay a national minimum wage of at least $15 dollars an hour as well as a quarterly tax of 20%. This keeps the working class afloat while keeping the companies from hyperinflating. CEO's still get to live QUITE comfortably without dooming everyone else to starvation and hypothermia, and it will still take decades for a company to gain a considerable lead. Sadly, not much can be done once that lead is gained, as the leaders will be able to buy changes to these laws. Can't stop human greed forever.
Ideas, corrections and debunkings go right down there. V

Now then, is it still possible to expand quite a ways? I know places like Ihop and Hardies are big in name, but they are rarer than gold in the state of PA.
Bachri
~bachri
OP
Yep, they can do whatever they like as long as they report their actions and it doesn't break any of the above rules.

Another issue though would be the whole minimum wage thing. Being priced as high as it is now, the cost would pass on to the customer if a business wishes to make any sort of profit AND expand in the process. But I supposed that could be solved if the place was truley 100% based off of customer service and making people happy.
Bachri
~bachri
OP
The whole point is to keep big companies as localized as possible to keep them from having large-scale outlets in every single town. This keeps variety alive, as compared to how there are only a select few companies in America now. If they can find a way to expand without breaking the guidelines, good for them.
FA+