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Outlawing PE would be incredibly difficult. Instead we should focus on punishing individual executives, board members, and even share holders that cause harm fr
by zeroCalories 3y ago
Outlawing PE would be incredibly difficult. Instead we should focus on punishing individual executives, board members, and even share holders that cause harm from cutting costs. It could be a criminal case, or even a culture of directly naming, shaming, and tracking people so that they can't get involved in another company without the share price instantly tanking.
- ericmay 3y agoIt would also be an incredibly bad idea. As usual, the underlying issue is a lack of government regulation and enforcement (and thus the fault of the people). And, frankly, most people don't care about these problems because they're abstract (to them) and the price of goods on the local multinational corporation's shelves are what they really care about. I personally spend an awful lot of time being careful about what I buy and who I buy it from. Most people even if they have the resources to do so and spend 2x-5x the low price will just refuse to do any research in the first place.
- daniel-cussen 3y ago[dead]
- MBCook 3y agoThere a lot of people willing to trash a company for $20 who won’t care.