But proposed here in a share economy, and where sortition juries of share holders approve all expenditures. This helps prevent slippery definitions from allowing perks to go through. It does not single out speech for special attention will probably upset first-amendment purists. It simply says that a randomly-selected set of jurors, weighted by the number of shares they own, must approve each and every expenditure. This would do wonders for many accounting controls!
Wednesday, January 27, 2010
Corporate Democracy a Cure for Political Contributions
A cure for corporate political contributions is to requrire them to be approved by shareholders-- Britain does this. And, of course, shareholder approval has also been suggested for approving executive compensation.