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It's overly simplistic but I'd try to change things such that: - if the company is asking for aid or corporate welfare, bonuses for any exec are off the the ta
by ljm 5y ago
It's overly simplistic but I'd try to change things such that:
- if the company is asking for aid or corporate welfare, bonuses for any exec are off the the table. They have to lead by example and take hit, as leaders, before anyone else.
- welfare isn't given to the business directly without strict conditions, and in other ways it is given directly to everyone through payroll.
- the government has the backbone to actually enforce this instead of cowering at the mere sight of money.
It should be harder, almost impossible, for a corporation to receive welfare from the government than an individual person.
- 6510 5y agoTake it further, if the execs are directly responsible for the mess they should also pay for it (for starters by handing over their stocks to government) Skin in the game would allow for even larger bonuses.