You can login if you already have an account or register by clicking the button below.
Registering is free and all you need is a username and password. We never ask you for your e-mail.
No, I don't think so, but they will be able to keep wages down even more so and also fix prices at a higher rate on the market or at the least make an undue amount of money on the market.
This is why corporations need limitations. I know, I know, government ruins everything and needs to fuck off, but imagine for a second if a company could only make 10% profit per year with an upper limit on the maximum amount they could profit too, lets say a billion dollars. Any company that makes a billion dollars a year in profit would either shut shop for the remainder of the year or if they decided to be decent and keep people on for the entire year would decide that raising wages, reinvesting in their business, doing R&D, etc. would be preferable to paying 100% of their remaining profits to the government. All you need to do then is place a hard limit on the maximum difference in wage the CEOs can earn over their bottom earners of say 25:1 and it's almost assured that they'd prefer to hire locals instead of slaves, they'd make their products of a better quality, etc.
Hitler had a similar idea as he saw the corruption unlimited capitalism causes. It's not like it's ideal but it seems like a necessary evil in today's world.
view the rest of the comments →
[–] SurfinMindWaves 0 points 3 points 3 points (+3|-0) ago
Even more corrupt? I'm trying to imagine it. Will they feed their child laborers to the lions if they take a lunch break?
[–] 1Iron_Curtain 0 points 2 points 2 points (+2|-0) ago
No, I don't think so, but they will be able to keep wages down even more so and also fix prices at a higher rate on the market or at the least make an undue amount of money on the market.
[–] 475677 1 point 0 points 1 point (+1|-1) ago
This is why corporations need limitations. I know, I know, government ruins everything and needs to fuck off, but imagine for a second if a company could only make 10% profit per year with an upper limit on the maximum amount they could profit too, lets say a billion dollars. Any company that makes a billion dollars a year in profit would either shut shop for the remainder of the year or if they decided to be decent and keep people on for the entire year would decide that raising wages, reinvesting in their business, doing R&D, etc. would be preferable to paying 100% of their remaining profits to the government. All you need to do then is place a hard limit on the maximum difference in wage the CEOs can earn over their bottom earners of say 25:1 and it's almost assured that they'd prefer to hire locals instead of slaves, they'd make their products of a better quality, etc.
Hitler had a similar idea as he saw the corruption unlimited capitalism causes. It's not like it's ideal but it seems like a necessary evil in today's world.