Co-operatization of large companies

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This is a possible solution to the problems of corporate unaccountability.

Summary

All corporations above a certain size should be co-operatively owned by the public, who would then receive:

  • quarterly profit dividends
  • voting rights in board elections

Gradation

This wouldn't have to be a hard line; the level of public ownership chould increase in a progression something like this, as the reach of the company's economic and ecological impacts increase:

  • workers
  • customers
  • neighborhood / community (where the company operates and does business)
  • town / county
  • state
  • nation(s)

Roughly, anyone who is measurably affected by the company's operations should have an ownership stake. If possible, stake size should be proportional to the degree of affectedness.