alt Hacker NewsI also strongly support enforcing our existing antitrust laws, yes.
> Someone is going to have control of it, if it exists
Sure, a board, no member of which may be worth more than $100M.
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JumpCrisscross • yesterday at 8:47 PM
> a board, no member of which may be worth more than $100M
This is just a power transfer to Wall Street and CEOs.
We live in a wealthy society. Folks will be wealthy. The problem isn’t the wealth per se but the distribution, in particular, the pain at the bottom; the channels between wealth and politics; and the connection between wealth and morality in fascistic-Christian circles.
> Sure, a board, no member of which may be worth more than $100M.
What does that change when the CEO is still commanding a trillion dollars in capital?
Also consider how you're going to choose the board of a trillion dollar company if no natural person owns more than 0.01% of it. It's going to end up being controlled by Wall St funds instead. How do you expect that to go?