INTERESTING: Capitalist Manefesto

The Capitalist Manifesto: Managing the Rise of Citizen Investors
28.01
07-November-2006
Stephen Davis, Jon Lukomnik, David Pitt-Watson

http://changethis.com/pdf/28.01.CapitalistManifesto.pdf

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The citizen investor is you.

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I’m so not sure I believe this. The mutual fund managers have the big stick! I’d suggest that they are not immune to pressure. CEOs that tick of the general public and / or the investing public, like the Home Depot example, are doing so at their own peril. But, a underlying change in the corporate structure, nah! AND, certainly government regulation is probably the proverbial thumb on the butcher’s scale. Businesses disciplined by markets appeal to the government to save them from themselves, the stockholders, and consumers. With out of control government, businesses have little power. We need a different paradigm. True, but this isn’t it. imho

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