Saturday, April 4, 2009

The Design of the American Corporation

As long as the design of the corporation provides incentives and rewards based solely on profit, we will be subject to the greed that we have incubated through this system.

The laws governing our corporations require that good men do SOLELY what is good for the company while excluding any kind of personal accountability. As we see today, ultimately this design only benefits the most wealthy of our nation, about 1% of the population.

When we change the laws to reflect our true values, not the values nurtured by the endless barrage of marketing materials plied against our minds daily, we will have true and lasting change. Changing political power back and forth between the two parties most impacted by lobbying profitists, may provide hope but ultimately will not lead to lasting change unless we demand it.

If we want to end the inconceivable bonuses given to failing CEO's, the layoffs of the most experienced generation of our workforce, the rampant distribution of pharmaceutical drugs that do little to no good while causing actual harm, the destruction of our rivers, forests, and glaciers, the invasion of the soda industry into our public schools, the astronomical over-leverage of our financial institutions, etc, etc, we must demand accountability. To solve all these problems through the natural mechanism of a true free market system (as opposed to a subsidized free market), all we have to do is legislate change - in the form of incentives to do the greatest good (for company, employees, and clients) and accountability for damages.

It is time to lead the world, not compete with it.
 

Free Blog Counter
HU Blog