Originally Posted by
velosnow
Similar thoughts and in fact have an idea brewing...
Stock buybacks are not allowed going forward and CEO/exec board salaries are capped via a matrix of company size/revenue. All excess cash goes into what is essentially an employ/company solvency trust that cannot be touched or raided via law. Once this trust reaches a certain dollar amount only then can exec bonuses be paid out from it, but it must retain a minimum figure based on revenue. So CEOs and investors can still get rich but also must be truly beholden to the people they employee.
I'm not an economist, but something along these lines should probably happen going forward.
Corporation are never beholden to employees. Employees are only a means of production. If a corporation could operate with artificial intelligence and robots at a more cost effective level they would. There is no requirement to employ anyone. Employment while the backbone of society, is not a corporate goal unless it enhances profits by growing the size of the company or lowering costs. The corporation is an individual entity (person) under the law. This construct will be tested as the population grows and efficiency increases but for now this is the landscape.