Friday, March 11, 2011

socializing the producer rents

management needs a socially acceptable reason to not distribute the full profits of enterprise to the firms job force

if we grant markets for stocks serve a social useful  function
that we have no better way to perform...

still whatever entity can hold a stock  oughta  be legitimate social functionals
not just idle coupon clippers

endowments for foundations ???

one has to have a market for founders to cash out into ...eh ???
evn if they can't directly hold any other stock they oughta have a way to deversify their "holdings"
away from their own enterprise

founders might be allowed to hold on to equity by cashing in their founder shares and putting the cash in part or in whole into a foundation
that can hold stocks