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by bradchris
847 days ago
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If we had a strong executive branch right now, we’d have already threatened to launch an FTC inquiry to break up Amazon and or nationalize SpaceX in response, merited or not. The pure shock of the prospect of breaking them up would spook investors, tank their stock, put both CEOs on the defensive, and force them back in line, and everything would get resolved nicely with a face to face meeting and a handshake. Whether it’s merited or not is not the point. Purely from a governance standpoint, as a citizen I hate to see corporate interests trying and succeeding to usurp government and societal norms. Sometimes examples need to be made so others know not to make the same mistake. |
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I'm all for allowing corporations to have goals that aren't 100% in line with the country's best interests, but those goals do NOT and shall not ever take legal standing over the country's interests. We need to have serious repercussions for when corporations try to usurp government in a race-to-the-bottom attempt to further weaken labor laws or measures designed to protect common citizenry.
Fining the board and C-Suite executives collectively a sum of 5x the company's market cap should be a start.