Pleasant Politics

231 readers

21 users here now

Politics without the jerks.

This community is watched over by a ruthless robot moderator to keep out bad actors. I don't know if it will work. Read !santabot@slrpnk.net for a full explanation. The short version is don't be a net negative to the community and you can post here.

Rules

Post political news, your own opinions, or discussion. Anything goes.

All posts must follow the slrpnk sitewide rules.

No personal attacks, no bigotry, no spam. Those will get a manual temporary ban.

founded 5 months ago

MODERATORS

auk@slrpnk.net

santa@slrpnk.net

106

Elizabeth Warren introduces Senate bill to hold capitalism ‘accountable’ (www.theguardian.com)

submitted 1 week ago by auk@slrpnk.net to c/pleasantpolitics@slrpnk.net

18 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] averyminya@beehaw.org 4 points 1 week ago (1 children)

The bill would mandate corporations with over $1bn in annual revenue obtain a federal charter as a “United States Corporation” under the obligation to consider the interests of all stakeholders and corporations engaging in repeated and egregious illegal conduct can have their charters revoked.

The legislation would also mandate that at least 40% of a corporation’s board of directors be chosen directly by employees and would enact restrictions on corporate directors and officers from selling stocks within five years of receiving the shares or three years within a company stock buyback.

All political expenditures by corporations would also have to be approved by at least 75% of shareholders and directors.

[–] limer@lemmy.dbzer0.com 0 points 1 week ago (1 children)

Pretty words. Will never be implemented. Why was it not introduced when it had a chance to pass? Or at least invoke more talk?

As it is now, hardly anyone will hear of it and it will be forgotten soon, except as a sound bite promoting fund drives.

[–] averyminya@beehaw.org 2 points 1 week ago (1 children)

And so I say again, I guess we should just never try then.

[–] limer@lemmy.dbzer0.com 2 points 1 week ago

Technically this bill is not trying. It’s grifting.

The only point of her making this bill is to help her fund raisers later.

There are many people trying