Instead of "profit" for a "company" - treating a company as a "person" - if all "profit" just went to the business owner and their employees or was reinvested in community, R&D etc, it seems better to me than having stakeholders who would put profit above the wellbeing of the product/service recipient. Of course some owners and employees…
Instead of "profit" for a "company" - treating a company as a "person" - if all "profit" just went to the business owner and their employees or was reinvested in community, R&D etc, it seems better to me than having stakeholders who would put profit above the wellbeing of the product/service recipient. Of course some owners and employees may want to cut corners, but the customer will see this and be able to use capitalism to hold them accountable....by not buying their product - whereas WEF wants ALL stakeholder capitalism where they create our desires and control all parameters and loyalty is to shareholders/stakeholders rather than the TRUE stakeholders, which are the creators and beneficiaries of what is created. In nature trees and mammals a symbiotic system, as are many trees and mycelium - they each perform a roll that benefits the other and in turn receive benefit from the other.
a private company just like a private person can do as they see fit. a publicly traded company has different parameters, but ultimately less gov and regulations and zero taxation sorts everything out.
Glass-Steagall Act and Sherman Antitrust Act would be the bare minimus....
How does that fit in with your thoughts on my reflections? It seems like without removing the shareholder principle, you get big companies swallowing smaller ones rather than true competition of products, services, ideas...
Instead of "profit" for a "company" - treating a company as a "person" - if all "profit" just went to the business owner and their employees or was reinvested in community, R&D etc, it seems better to me than having stakeholders who would put profit above the wellbeing of the product/service recipient. Of course some owners and employees may want to cut corners, but the customer will see this and be able to use capitalism to hold them accountable....by not buying their product - whereas WEF wants ALL stakeholder capitalism where they create our desires and control all parameters and loyalty is to shareholders/stakeholders rather than the TRUE stakeholders, which are the creators and beneficiaries of what is created. In nature trees and mammals a symbiotic system, as are many trees and mycelium - they each perform a roll that benefits the other and in turn receive benefit from the other.
a private company just like a private person can do as they see fit. a publicly traded company has different parameters, but ultimately less gov and regulations and zero taxation sorts everything out.
Glass-Steagall Act and Sherman Antitrust Act would be the bare minimus....
How does that fit in with your thoughts on my reflections? It seems like without removing the shareholder principle, you get big companies swallowing smaller ones rather than true competition of products, services, ideas...
a broad topic....maybe a substack post one day in the future...
okay :)