We should make it a requirement for a majority shareholder to work the lowest tier positions of a company for five years before they can sell shares.
I was just gonna say don't let shareholders form a board. Sometimes companies need money for investment, but there's literally nothing that states they have to give investors any kind of control. Can you imagine letting some nub who inherited dad's money at 22 to come in and tell you that he doesn't give a fuck about your company, he just wants another 1% profit? Why would you let any of these toxic fucks near your brainchild?
When every company is a democracy you might have a point, but until then you're talking about eliminating the one oversight management has.
*before they can own shares
Honestly, I think trying to disable public stock trading altogether is the real solution. You can have a healthy, profitable company without constant growth, but shareholders want growth even if that means the health and profitability of the company suffers as a result
The current model is generally unsustainable unless the company ends up doing everything slightly related to its core business. Microsoft doesn't just write operating systems any more. Google is now Alphabet. Amazon sells everything, not just books. Unless the business is in natural resources (or similar), the only way to keep showing growth is to buy other companies and split out multiple "core" businesses.
On second thought, "unsustainable" was a poor choice of word. The model encourages monopolies. Not only does the single employee become disposable, the customers opinion no longer matters either. The business can run on spreadsheets alone, in that case. Creativity and innovation are forgotten in order to drive volume and everything eventually turns into Soylent Green.
We should make it a requirement for a majority shareholder to work the lowest tier positions of a company for five years before they can sell shares.
I was just gonna say don't let shareholders form a board. Sometimes companies need money for investment, but there's literally nothing that states they have to give investors any kind of control. Can you imagine letting some nub who inherited dad's money at 22 to come in and tell you that he doesn't give a fuck about your company, he just wants another 1% profit? Why would you let any of these toxic fucks near your brainchild?
When every company is a democracy you might have a point, but until then you're talking about eliminating the one oversight management has.
*before they can own shares
Honestly, I think trying to disable public stock trading altogether is the real solution. You can have a healthy, profitable company without constant growth, but shareholders want growth even if that means the health and profitability of the company suffers as a result
The current model is generally unsustainable unless the company ends up doing everything slightly related to its core business. Microsoft doesn't just write operating systems any more. Google is now Alphabet. Amazon sells everything, not just books. Unless the business is in natural resources (or similar), the only way to keep showing growth is to buy other companies and split out multiple "core" businesses.
On second thought, "unsustainable" was a poor choice of word. The model encourages monopolies. Not only does the single employee become disposable, the customers opinion no longer matters either. The business can run on spreadsheets alone, in that case. Creativity and innovation are forgotten in order to drive volume and everything eventually turns into Soylent Green.