The End of Capitalism?

[Lemur]

It's no secret that the relationship between C-level executives and their boards of directors is (often) broken beyond repair, leading to insane distortions in pay and benefits.

For decades people have been saying that the answer is shareholder activism.

Personally, I have no idea. The mechanisms of self-regulation at the top of the corporate org structure are not working. Shareholders, for whatever reason, aren't doing the activism thing.

How we apply a fix without making things worse ... I have no idea. I think this is the sort of thing where you would want to talk to some people who've been studying economics and corporate structure for their entire lives, and get their suggestions.

[Fisherking]

I think Lemur is right.

Just more government regulation will not stop abuse. In the S&L scandal people were prosecuted. In the Too Big to Fail they could have been and should have been except government made a decision not to.

It was all a smoke and mirrors sham, so far as I am concerned. We guaranteed their debts and pay interest to them on our money. What a great deal we got! It is just fraud to me.