Here's my issue with buyouts, and increasingly things like "disagree and commit", "no politics in the workplace", etc...
There is politics in the workplace. The boss's. The boss is one dude, sharing your country with you. Ergo, he's availing himself of a capital extraction machine to influence politics more than you can.
Two: Companies need leashes. If stockholders are all passive, and abdicating responsibility, that leaves workers as the only realistic option. Corollary 2a: the multinational destabilizes the political relationship between laborers of it's host nation's population, and their ability to leash corporate excess/shape policy by turning to immigrant labor to implement projects distasteful to the natives of the host country, but agreeable to the immigrants country of origin.
There's no way around any of this without separation of State and Corp. I.e. hard controls on financial engineering, lobbying, campaign finance, and multi-nationals, and worker immigration. Controversially, we may also need to consider corporations specifically bound from certain veins of activity similar to the government. To wit, corporate freedom of speech must be diluted. It should not be okay for Corp to sit on self-funded studies that indicate they are doing harm. These should be compelled to be released, coupled with obligations to actually continue doing such research. Corporations need to be restricted in their ability to establish through contract law widespread violation of worker's/customer's privacy. Finally, enforced legal firewalls on disclosure of business records/dissolution of Third Party Doctrine. It is downright unreasonable in this day and age of networks to assume that the actions of an intermediary by default to a presumption of the intermediated end points waiving Fourth Amendment protections.
All of this assumes we get the overall U.S.government functioning again, combined with a heavy denormalization of corruption. I won't hold my breath.
It wouldn't be the case except for the fact share/stockholders have either abdicated their responsibility to moderate corporate behavior through passive investment structures, or financial engineering has been allowed such that shares/stocks that don't confer some semblance of control or influence over operations has been allowed. Unfortunately, barring fixing that, I, and I cannot at all emphasize my complete disgust toward it, cannot yet articulate some workable alternative other than hands off. But seeing as hands off got us the current situation...
The outcome seems inevitable. Not for lack of trying to come up with any alternative either.
Here's my issue with buyouts, and increasingly things like "disagree and commit", "no politics in the workplace", etc...
There is politics in the workplace. The boss's. The boss is one dude, sharing your country with you. Ergo, he's availing himself of a capital extraction machine to influence politics more than you can.
Two: Companies need leashes. If stockholders are all passive, and abdicating responsibility, that leaves workers as the only realistic option. Corollary 2a: the multinational destabilizes the political relationship between laborers of it's host nation's population, and their ability to leash corporate excess/shape policy by turning to immigrant labor to implement projects distasteful to the natives of the host country, but agreeable to the immigrants country of origin.
There's no way around any of this without separation of State and Corp. I.e. hard controls on financial engineering, lobbying, campaign finance, and multi-nationals, and worker immigration. Controversially, we may also need to consider corporations specifically bound from certain veins of activity similar to the government. To wit, corporate freedom of speech must be diluted. It should not be okay for Corp to sit on self-funded studies that indicate they are doing harm. These should be compelled to be released, coupled with obligations to actually continue doing such research. Corporations need to be restricted in their ability to establish through contract law widespread violation of worker's/customer's privacy. Finally, enforced legal firewalls on disclosure of business records/dissolution of Third Party Doctrine. It is downright unreasonable in this day and age of networks to assume that the actions of an intermediary by default to a presumption of the intermediated end points waiving Fourth Amendment protections.
All of this assumes we get the overall U.S.government functioning again, combined with a heavy denormalization of corruption. I won't hold my breath.
Sounds like an immigration moratorium and more deportations will be a necessary part of revitalizing the American middle-class going forward.
It wouldn't be the case except for the fact share/stockholders have either abdicated their responsibility to moderate corporate behavior through passive investment structures, or financial engineering has been allowed such that shares/stocks that don't confer some semblance of control or influence over operations has been allowed. Unfortunately, barring fixing that, I, and I cannot at all emphasize my complete disgust toward it, cannot yet articulate some workable alternative other than hands off. But seeing as hands off got us the current situation...
The outcome seems inevitable. Not for lack of trying to come up with any alternative either.