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> From: Shahram Mostarshed <[log in to unmask]>
> Newsgroups: alt.fan.noam-chomsky
> Subject: Separation of Wealth and Power
> Date: Friday, May 16, 1997 10:05 AM
>
> In order to move toward a more democratic society, we need to ratify a
new
> constitutional amendment - The Separation of Wealth and Power. Two
hundred
> years ago, the concept of separation of Church and State came into being
> and it proved to be a powerful deterrent to the abuse of power by the
> religious authorities. Now we need to go one step beyond, and prevent the
> abuse of power by the wealthy elites.
>
> Corporate tyrannies would become democratic overnight. Consider the
> following scenario:
>
>     Employees would elect their group leaders, group leaders would elect
>     the division managers, division managers would elect the division
>     presidents, the division presidents would elect the CEO. Ultimately,
>     all managers would have to work in the best interest of their
employees
>     if they want to be re-elected, with severe penalties for acting out
of self
>     interest.
>
> Notice that the board of directors has no say in this matter. In fact
there
> would be no need for such a thing. All corporate financial decisions
would
> have to be ratified by a majority of the employees, including cut backs
and
> profit sharing, etc.
>
> The whole idea is based on the simple premise of discouraging greed. It
can
> be done, it MUST be done if we want a better world for our children.
>