Forum Post: Separation of State and Corporation - 10 Suggestions

10 Suggestions for the Separation of State and Corporation

1. A Company should be restricted to how many other companies it can own shares in directly or indirectly.

2. A Company should be restricted in the amount of share it can hold in other companies.

3. The Directors in a Company should be restricted from the number of companies he or she can hold shares in.

4. Shares of Companies listed should reflect the actual cost of the company in terms of assets owned, money in the bank, money outstanding and excluding taxes. Dividends should be based on this.

5. The Share Market should not be used to raise finances for Companies. No IPOs’.

6. Ceiling on the expenditure for Campaigns should be fixed at a certain amount for all Parties and they should not exceed this amount.

7. 30% of Profit before taxes of a Company should be distributed to its workers restricted to those who do not have a share in the company.

8. Party candidates should not receive money from companies for their campaigns. All money for campaign should come from a fixed membership amount from each of its supporters.

9. All Voters should contribute the said fixed amount to their respective party of their choice before campaigning for the right to vote. This should not restrict their choice of vote.

10. Government taxes to be standardized according to workers (those employed), Companies (Employees) and Owners (Owners and Shareholders of Companies).