I like that idea. If you do something illegal but minor the board has to give up a certain number of shares to the government. More for larger crimes. Do something bad enough: government nationalizes the whole company.
With enough small crimes the government gets significant influence in shares. I bet the billionaires would hate that.
Something something government abuse being used to forcefully take over companies, businesses driven over seas, new avenue for corruption to flourish, etc.
I think businesses should be held accountable too, but creating a superhighway to nationalize control of any business that steps out of line is a recipe for disaster. How long until politicians use that power to find justification for stealing whole corporations?
I like that idea. If you do something illegal but minor the board has to give up a certain number of shares to the government. More for larger crimes. Do something bad enough: government nationalizes the whole company.
With enough small crimes the government gets significant influence in shares. I bet the billionaires would hate that.
Something something government abuse being used to forcefully take over companies, businesses driven over seas, new avenue for corruption to flourish, etc.
I think businesses should be held accountable too, but creating a superhighway to nationalize control of any business that steps out of line is a recipe for disaster. How long until politicians use that power to find justification for stealing whole corporations?