Wednesday, October 29, 2008

On the Run-of-the-mill CEOs

The arm of justice is the arm of economic might for the time being. If that is the case, then the employees, who have built a company, should not rely on the largesse of self-interested spokesman/CEOs – whose bad decisions tend to amount to lay offs and self-preservation rather then self-recusing. Make no mistake, the greed of the charmer is unlimited in contrast to the hard work of many a life worker.

Rather, the CEO, with millions at stake, is their own spokesman or woman, in the tradition of the democratic tradition of Athens under the tutelage of Plato, the sweet idealist and elitist, or the tutelage of their mothers’ mantra – “take care of our own.” In my estimation, the human necessity of “take care of your own and your self” is the solution.

In the stead of being promised a pension or 401K matching for that matter, employees should have a major stake in a company’s decision elitism in the best interest of producing the best product. Or, rather, instead of paying a semi-tithe to unions or a half-ass assumption of company debt for the sake of the Fat Cat CEO or executive, who absconds on the pronouncement of a “golden parachute,” the person or persons who have built the company should be entitled to something extra while they seek all the accoutrements of modernity – that is – health care, child care, wages, a healthy afterlife in retirement after toiling for the benefit of the company’s customer - contractual obligation for the company based on merit.

So, how can we seek a rectifiable solution – the many always have more power than the smooth-talking charmer – that is - union dues must be used to buy company stock. This solution concurrently solves many problems. While the many, who work in concert for the company’s benefit, can vote as a discerning block for themselves and the company’s profit, simultaneously, they can live with the benefit of the promise: life, liberty, and the pursuit of happiness.

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