5 ms·
I mean, if unions are cartels, then so are corporate boards.
by bashinator 3y ago
I mean, if unions are cartels, then so are corporate boards.
- orangepurple 3y agoUnions span across corporations within business sectors whereas corporate boards do not.
- AlexandrB 3y agoWhat about Blackrock? Their representatives sit on many boards in a single industry. Same with large VCs. It's not as structured as unions, but each board is not a completely independent entity either.
- MrBuddyCasino 3y ago> What about Blackrock? This is actually a good point, and is detrimental for similar reasons: concentration of power, reduction of competition and increased fragility of the whole system ("too big to fail").
- sroussey 3y agoActually, BlackRock is incentivized to have the whole system be healthy.
- aurelwu 3y agoBusiness associations do however.
- toyg 3y agoYes, board members are strictly segmented by business sector, by law. I mean, god forbid we could have someone on the board on an aerospace company, a car manufacturer, and an internet behemoth! /s
- orwin 3y agoWell, i have something you might want to hear about. It's called investment funds and weirdly competition between companies started to fall as investment fund rose up. They also are present at a lot of different director board or committees.
- throwawa14223 3y agoI've never felt pressured to join a corporate board against my will.
- bashinator 3y agoHave you ever felt pressured to do work for a corporation when you'd prefer not to? (E.g. take a job for the health care/other life needs).