3 ms·
I like to imagine a fantasy United States where the FAA (et al) would have stepped in, removed all the MBAs, and set the company on a sane course. More practica
by markhahn 7y ago
I like to imagine a fantasy United States where the FAA (et al) would have stepped in, removed all the MBAs, and set the company on a sane course.
More practically, I wonder what could be done to create structural impediments to the kind of managerial death-cult described in the article. For instance, I see no reason a company should be allowed to buy its own stock. How about requiring corporate boards to have at least 51% of non-stockholders?
We should remember that corporations are purely social constructs. There is no natural law that they must not be interfered with, that only market mechanisms should control then. We created corporations for social good, and can alter them.