The American corporate structure is such a ridiculous mess. Corporations should be equally controlled by capital and labor, such that both interested parties have equal say in corporate decisions. Yes, this might mean that the owners take significant net worth losses while more people stay employed - boo hoo hoo. Hasn't it become clear that societies run by financial oligarchs with no constraints always end in tears?
America continues to slide towards a Third World cesspool of wealthy enclaves surrounded by miles of festering slums. I guess private security is a growth sector, in this increasingly dystopian endgame.
Why is American corporate structure a mess? What are existing real-world examples of alternatives that outperform American corporations, and along which metric? Why should corporations be equally controlled by capital and labor? Some American cities indeed have slums, but what leads you to believe it's a consequence of American corporate structure (rather than a million other possible reasons)?
Without fully entertaining the hyperbole, American society and government are fully captivated by the wrong metrics: GDP growth is an extremely narrow measure for economic well-being. Unemployment rate is biased by not counting people who want to work but gave up because they can’t find a job. Average salary is far less meaningful than median salary due to huge skews in income distribution.
America continues to slide towards a Third World cesspool of wealthy enclaves surrounded by miles of festering slums. I guess private security is a growth sector, in this increasingly dystopian endgame.