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But the cultural problem comes from somewhere. And if we're going to reward those who "succeed" with unimaginable riches, the penalties for failing at that scal
by jowiar 11y ago
But the cultural problem comes from somewhere. And if we're going to reward those who "succeed" with unimaginable riches, the penalties for failing at that scale need to be equally harsh. Alternatively, we realize this, and thus implement a tax structure such that we have no more billionaires.
- fweespeech 11y agoBillionaires are largely investors/shareholders. Targeting the shareholders in civil suits will encourage better/more defensive CEO choices and other board decisions. Direction stems from the top and the top is the Board [elected by shareholders] and not the CEO. Pretending otherwise is simply ignorance.