Guaranteed Basic Income

[Winchester]

[exploited]

[Winchester]

[exploited]

I think limited liability should be removed for board members, but not necessarily every investor.

[Winchester]

[Dylan]

Presumption of negligence? Why?

And what good would removing limits on personal liability of directors do? What is the harm this is seeking to prevent? It seems incredibly drastic

[exploited]

[Dylan]

It's so easy to get such violations slapped on a company even if you did a lot to avoid it. We're I a board member and I knew each new expansion, factory expansion, etc meant I may face enormous liability, I would just never do anything.

It would be an incredible disincentive to create new industries and jobs.

Or, if allowed, I just get directors insurance and ignore it.

So it's either a bad idea or completely ineffectice.

[exploited]

Meh, that argument is made literally every time anybody proposes to do something to reign in corporations. I don't really care - if the guys running these corporations don't want to make oodles of money while obeying the law, someone else will.

[PoS]

The root cause of the problem isnt the corporations but the politicians who kowtow to them- Plato believed that if you were ever a politician then you should be poor with no income.