Groups | Search | Server Info | Keyboard shortcuts | Login | Register [http] [https] [nntp] [nntps]

Groups > comp.os.linux.advocacy > #486032

Re: Rigged global economy

Show all headers | View raw

Steve Carroll <fretwizzer@gmail.com> wrote:
> On Saturday, January 26, 2019 at 12:14:25 PM UTC-7, owl wrote:
>> Steve Carroll <fretwizzer@gmail.com> wrote:
>> > On Saturday, January 26, 2019 at 11:27:31 AM UTC-7, owl wrote:
>> >> Steve Carroll <fretwizzer@gmail.com> wrote:
>> >> > On Saturday, January 26, 2019 at 10:30:18 AM UTC-7, owl wrote:
>> 
>> >> >> Like a corporation?   Are corporations going to be exempt from the cap?
>> >> > 
>> >> > Not in this scenario. I don't see why there'd be a lack of interest
>> >> > with the cap, though, if that's what they're legally limited to. I
>> >> > don't necessarily like the idea but it's clear we're heading down a
>> >> > path we shouldn't head down, where a very small percentage of the 
>> >> > earth's population owns most of the wealth (we did that sh*t  already).
>> >> > 
>> >> 
>> >> Even if corporations are not limited, you will have investors having to
>> >> watch that they don't invest in a way that wastes their money by having
>> >> the cumulative value of the stock they own in various corporations hit
>> >> the individual cap.  But why would corporations be exempt anyway?
>> > 
>> > "Not in this scenario" meant corporations should *not* be exempt.
>> > 
>> 
>> Yeah, I misread that.  So if corporations are not exempt, then
>> they hit the same wall that an individual would hit with respect
>> to investment/development resources.  Even though the risk to the
>> shareholders is spread around, the corporation can still do no more than
>> an individual could, even one who might be willing to risk the farm on
>> a project.
> 
> I would envision a situation more of where corporations are
> bound to the cap as based on a head count, not capped *as*
> an individual. Hey, it's my made up scenario, I can do this ;)

And in such a scenario, unless the number of investors is capped,
the corporation can grow into a monster under the control of a CEO and
handful of of directors.  Back to square one.

Back to comp.os.linux.advocacy | Previous | Next — Previous in thread | Next in thread | Find similar | Unroll thread

Thread

Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 09:56 +0000
  Re: Rigged global economy Amanda KoXXX <iscariot694me@simplivr4.org> - 2019-01-26 14:39 +0000
  Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 07:11 -0800
    Re: Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 16:10 +0000
  Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 15:49 +0000
    Re: Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 16:10 +0000
      Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 08:36 -0800
        Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 16:56 +0000
          Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 09:17 -0800
            Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 17:30 +0000
              Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 10:06 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 18:27 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 10:56 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 19:14 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 11:17 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 19:47 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-26 12:13 -0800
                Re: Rigged global economy owl <owl@rooftop.invalid> - 2019-01-26 20:32 +0000
                Re: Rigged global economy Steve Carroll <fretwizzer@gmail.com> - 2019-01-27 07:50 -0800
        Re: Rigged global economy Melzzzzz <Melzzzzz@zzzzz.com> - 2019-01-26 19:18 +0000

csiph-web