https://fixcapitalism.com "Saving Capitalism from Itself" Sun, 21 Nov 2021 03:44:51 +0000 hourly 1 https://wordpress.org/?v=4.2.38 https://fixcapitalism.com/about-us/#comment-908 Mon, 04 Jan 2016 18:52:09 +0000 http://fixcapit.server293.com/?page_id=2#comment-908 This is a very important initiative for the sake of our shared future and democracy. However, unless the super rich themselves see the need to create a more balanced distribution of wealth it will be almost impossible to make progress, because they have the wealth to distort the system in perpetuity, until it crashes.
However one potential reform not mentioned is reform of corporate governance: see ‘Firm Commitment: Why the Corporation is Failing and How to Restore Trust in It’, by Prof Colin Mayer, which argues that corporations have been high-jacked by a few, bolstered by the false doctrine of shareholder value, and that this should be redressed through the creation of Public Interest Companies and other forms of mutual ownership. See video which sets out his diagnosis: https://www.youtube.com/watch?v=ljz_i0FgQtw or a longer talk: https://www.youtube.com/watch?v=Yz3ERcXo1oo which includes more about his solutions.

]]> https://fixcapitalism.com/about-us/#comment-26 Wed, 16 Sep 2015 02:11:46 +0000 http://fixcapit.server293.com/?page_id=2#comment-26 I am so pleased to see someone talking about this issue. To me this perhaps the single most troubling thing about America. I have gradually become fed up with corporate America and the emergent oligarchy. Many of my friends feel the same way. I am 65 and worry about the future of my children and grandchildren. Working class Americans need to see what is going on and demand change.

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