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I agree. Its a shame, probably the inevitable endgame of the ideas behind the "corporation" and exacerbated heavily by public trading. Is there *no* way to structure things so that people are encouraged to just do "good business." Yes, I know, laws. But that seems to leave to the letter/leave-out-the-spirit of-the-law adherance game. It's hard to concieve of a solution that doesn't involve the inpractical and messy business of tearing everything down (I mean everything) and starting from scratch. And a lot of people won't like this.
I've been advocating delisting and going private again to anyone that will listen at the company that I work for. It wouldn't solve everything but it would be a great start. It seems impossible to trade publicly and not slowly become evil. We were better off as a private LLC and we don't actually NEED investor capital for what we do. Not that I deal with anyone of consequence or that anyone would listen to little ole me.
OK - I'm taking off the Pollyanna hat now. You can breathe again :-)
So what company are you working for?
Don't want to lose my job after badmouthing them on the internet! :-)
Government is supposed to keep the playing field level, but corruption kind of screws that up.
It's possible. You would have to have a long term consumer and innovation focused domestic policy. Right now, our domestic policy heavily favors big business, because Americans believe big business is benevolent. I'm not really sure where this comes from. I could be remnants from the time when people could be company men, or it could be from the Cold War where we hyped up capitalism, which has created drones chanting slogans. Either way, the reverence for big business is detrimental.