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thenewnewguy • yesterday at 2:28 PM • 4 replies • view on HN

Which is what? Because if your solution is "get rid of all C-suite executives", obviously some new person (or some new group) has to be given the final say on decisions in the company and what's to stop them from becoming corrupt or otherwise problematic?


Replies

Yoric • yesterday at 2:34 PM

I assume that GP speaks of reducing the salaries for C-suite to the levels they had before Reaganism? I personally suspect that this would be pretty good for companies.

Or perhaps they're thinking of nationalization, which leaves me a bit more skeptical.

r14c • yesterday at 8:03 PM

The short version is Chinese style socialism. Most of our problems stem from the fact that we are historically unable to consistently lay down the law when it comes to large business interests and very wealthy individuals.

I'm not opposed to markets, but this radical market based domination shit is getting old and it isn't benefiting anyone except the already wealthy.

Its pretty obvious that corporations are either unwilling or unable to reign themselves in or regulate their behavior in a way that benefits the majority of society. So we need to make the economy more democratic so it can actually benefit the majority of people.

Balinares • yesterday at 3:09 PM

100% wealth tax rate past e.g. $999M -- capping wealth like a Zelda wallet -- would address a certain number of issues around the many externalities of unbounded, bottomless greed.

Mind you, I don't think that's ever happening, considering that one such issue is there's currently nothing to keep a dishonest actor who ended up beyond that threshold from spending mountains of cash (still a small fraction of the total there) toward convincing those susceptible to such that a system which permits such dishonest actors is good akshyually.

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Tadpole9181 • yesterday at 2:44 PM

I believe they're insinuating that if we were to punish these people publicly and harshly for their crimes against the rest of humanity, then the rest of them would get a much needed reminder that they are subject to the rule of law and/or that they are made of meat.

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