• Goldman Sachs rejects proposal to run for elected office
    22 replies, posted
[t]http://imgkk.com/i/_i3k.gif[/t] [url]http://www.bloomberg.com/news/2013-03-25/goldman-rejects-proposal-that-firm-run-for-elected-office.html[/url] [quote]Goldman Sachs Group Inc. (GS), the investment bank nicknamed “Government Sachs” because of senior executives who have moved into public posts, won’t be entering politics itself. A shareholder proposal that the New York-based company run for office instead of funding political campaigns was discarded, according to a letter last month from the Securities and Exchange Commission, which agreed the firm can exclude the measure from its annual meeting. Harrington Investments Inc. President John Harrington submitted the proposal last year, saying the $6.39 million in 2012 political contributions from the firm’s employees risks doing more harm to its reputation. He said the bank should explore running for office, using a U.S. Supreme Court ruling that corporations have similar political rights to individuals. “It’s too bad we didn’t get it on the ballot, it would have been a good discussion piece,” Harrington said today in a phone interview. “You begin to see a pattern of how much influence corporations have on our political balance, and now it’s so skewed that you figure, ‘Why don’t we have Goldman run for president and JPMorgan Chase run for vice president.’ And that way, they can run the system for real.”[/quote]
this wasn't quite what I had in mind
Banks want to stay invisible, of course he wouldn't take an accountable position in government. They also just dodged a large bullet for conspiracy theories.
[QUOTE=DainBramageStudios;40046659]this wasn't quite what I had in mind[/QUOTE] no you just want corporations to take over for countries that aren't America so it won't cause any oppression for you personally who cares what happens to cyprus right
[QUOTE=Zeke129;40047181]no you just want corporations to take over for countries that aren't America so it won't cause any oppression for you personally who cares what happens to cyprus right[/QUOTE] What no, I meant that I wanted the structure of the government to be made more like a corporation, not that corporations should run for office in the current system. I mean what's the point otherwise?
[QUOTE=DainBramageStudios;40047214]What no, I meant that I wanted the structure of the government to be made more like a corporation, not that corporations should run for office in the current system.[/QUOTE] Like there's a difference.
Where did this argument suddenly come from
[QUOTE=SigmaLambda;40047232]Like there's a difference.[/QUOTE] there is a massive difference it's an entirely different structure [quote]To a neocameralist, a state is a business which owns a country. A state should be managed, like any other large business, by dividing logical ownership into negotiable shares, each of which yields a precise fraction of the state's profit. (A well-run state is very profitable.) Each share has one vote, and the shareholders elect a board, which hires and fires managers. This business's customers are its residents. A profitably-managed neocameralist state will, like any business, serve its customers efficiently and effectively. Misgovernment equals mismanagement. For example, a neocameralist state will work hard to keep any promise it makes to its residents. Not because some even more powerful authority forces it to, but because it is very pleasant and reassuring to live in a country where the government can be trusted, and it is scary and awful to live in a country where it can't. Since trust once broken takes a long time to rebuild, a state that breaks its own laws has just given its capital a substantial haircut. Its stock is almost certain to go down.[/quote]
[quote]For example, a neocameralist state will work hard to keep any promise it makes to its residents. Not because some even more powerful authority forces it to, but because it is very pleasant and reassuring to live in a country where the government can be trusted, and it is scary and awful to live in a country where it can't. Since trust once broken takes a long time to rebuild, a state that breaks its own laws has just given its capital a substantial haircut. Its stock is almost certain to go down.[/quote] this would be nice if any real-world corporation apart from fucking ben and jerrys actually ran like that. In the age of total media saturation, obfuscating the nature of your customers' options and reality is way easier than keeping them happy. The concept of the "empowered consumer" who controls corporations via their choice in purchases and associations is a lie that should have died years ago. It'd be ten times worse when, instead of just shopping at a different store, you'd have to find the money to move to an entirely different country in order to show your displeasure with the management.
[QUOTE=DainBramageStudios;40047538]there is a massive difference it's an entirely different structure[/QUOTE] What happens with the people the state will find too hard to satisfy as customers or even who might decrease satisfaction of other customers, or just a minority not worth going for?
[QUOTE=Awesomecaek;40047655]What happens with the people the state will find too hard to satisfy as customers or even who might decrease satisfaction of other customers, or just a minority not worth going for?[/QUOTE] governments would be small in a literal sense - i.e. a patchwork of liechtenstein-sized states. this allows for a lot of niche interests to be fulfilled [editline]26th March 2013[/editline] [QUOTE=SigmaLambda;40047639][B]The concept of the "empowered consumer" who controls corporations via their choice in purchases and associations is a lie that should have died years ago.[/B] It'd be ten times worse when, instead of just shopping at a different store, you'd have to find the money to move to an entirely different country in order to show your displeasure with the management.[/QUOTE] this is literal denialism
[QUOTE=DainBramageStudios;40047687] this is literal denialism[/QUOTE] well if we're going to do it that way, here's my rebuttal: nuh-uh, you're wrong
[QUOTE=SigmaLambda;40047722]well if we're going to do it that way, here's my rebuttal: nuh-uh, you're wrong[/QUOTE] u hurt my feelings
why are you even arguing that markets behave democratically when you don't even think representative government is a good thing and would sacrifice it (and the lives of anyone the state/corporation/democratic people's republic of wendys deems worthy of execution) in return for public safety à la singapore?
but i don't claim that markets behave democratically?
[QUOTE=Zeke129;40047181]no you just want corporations to take over for countries that aren't America so it won't cause any oppression for you personally who cares what happens to cyprus right[/QUOTE] Cyprus is sort of undergoing the very opposite of banks taking over.
[QUOTE=SigmaLambda;40047639]The concept of the "empowered consumer" who controls corporations via their choice in purchases and associations is a lie that should have died years ago. It'd be ten times worse when, instead of just shopping at a different store, you'd have to find the money to move to an entirely different country in order to show your displeasure with the management.[/QUOTE] Retarded bullshit spouted by morons. Every dollar you spend is a monetary vote for the product that you buy. The reason why we don't have problems with not knowing what goods to provide for people is because of this.
[QUOTE=smurfy;40047379]Where did this argument suddenly come from[/QUOTE] it's actually really impressive how quickly it's developed from nothing
everything is currupt and it is all about control & power? yes.
[QUOTE=wraithcat;40048502]Cyprus is sort of undergoing the very opposite of banks taking over.[/QUOTE] It's a reference to another thread where Dain said he thinks them being taken over by some guy like Jobs would be orgasm worthy.
dain, how do you think charlie brooker will think of your opinion
[QUOTE=smurfy;40047379]Where did this argument suddenly come from[/QUOTE] it's an ongoing conflict in sh. battles and skirmishes have been waged across the board ever since the threads about cyprus.
[QUOTE=Vasili;40046785]Banks want to stay invisible, of course he wouldn't take an accountable position in government. They also just dodged a large bullet for conspiracy theories.[/QUOTE] Yeah but it would've been more entertaining if they gave an answer that people could perceive in different ways. Hilarious conspiracy theories.
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