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Is it feasible to create a corporate structure that would encourage it to act with the public interest in mind? Are there any known patterns, research, or tries? My very ill-informed mind is thinking of a parent-child structure where the parent gets to veto and only veto decisions made by its children that may be harmful for the general public.
Is it feasible to create a corporate structure that would encourage it to act with the public interest in mind? Are there any known patterns, research, or tries? My very ill-informed mind is thinking of a parent-child structure where the parent gets to veto and only veto decisions made by its children that may be harmful for the general public.
Thats typically been the way we've managed these kinds of threats/bad actors, but technology is changing so fast and policy makers are hamstrung by bureaucracy, incompetence, apathy or all three.
Is it feasible to create a corporate structure that would encourage it to act with the public interest in mind? Are there any known patterns, research, or tries? My very ill-informed mind is thinking of a parent-child structure where the parent gets to veto and only veto decisions made by its children that may be harmful for the general public.
Sounds like government regulations? Thats typically been the way we've managed these kinds of threats/bad actors, but technology is changing so fast and policy makers are hamstrung by bureaucracy, incompetence, apathy or all three.
Is it feasible to create a corporate structure that would encourage it to act with the public interest in mind? Are there any known patterns, research, or tries? My very ill-informed mind is thinking of a parent-child structure where the parent gets to veto and only veto decisions made by its children that may be harmful for the general public.
A benefit corporation perhaps? https://en.wikipedia.org/wiki/Benefit_corporation
Earlier quoted context omitted.
Sounds like government regulations? Thats typically been the way we've managed these kinds of threats/bad actors, but technology is changing so fast and policy makers are hamstrung by bureaucracy, incompetence, apathy or all three.
Yeah, initially my first reaction was "we need regulations" then I realized that's just not going to possible especially in the future. We need a new corporate structure that can compete and reproduce in the current market.
Is it feasible to create a corporate structure that would encourage it to act with the public interest in mind? Are there any known patterns, research, or tries? My very ill-informed mind is thinking of a parent-child structure where the parent gets to veto and only veto decisions made by its children that may be harmful for the general public.
I would highly recommend if you are interested in this topic.
Earlier quoted context omitted.
A benefit corporation perhaps? https://en.wikipedia.org/wiki/Benefit_corporation
Do you know of any successful and "big" companies that follow the structure?
Earlier quoted context omitted.
A benefit corporation perhaps? https://en.wikipedia.org/wiki/Benefit_corporation
Do you know of any successful and "big" companies that follow the structure?
[1] https://puri.sm/posts/purism-now-a-social-purpose-corporatio...
Anytime someone starts telling you that their end is so noble it justifies any means, you should run away from them as fast as you possibly can.