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this post was submitted on 07 Oct 2025
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Expert here. That's a bad idea. Example: a small law firm, 10 employees including owners/partners/I don't care how they're organized. They have 3 bank accounts: their payroll account, their operating fund (where all their nonpayroll expenditures are made) and their client liability account. None of the money in that account is actually theirs, they just hold it while waiting for clients to cash their settlement checks.
Proportionally, at least at the firm I've consulted with, their client liability account is several orders of magnitude larger than either of the other accounts. Technically the money isn't theirs, they are just custodians, and the interest from that account is their bar association dues.
My point is, certain asset caps may look appropriate for one industry and simultaneously be absolutely disruptive to others.
In that case, what would you believe to be an appropriate solution for your industry? I would like your viewpoint, it might refine my concept a bit further*.
*My approach is assuming a scenario that can be broadly be described as 'What if FDR failed to save capitalism?', or a total breakdown of the economic reality we know. That is the sort of thing that the Framers of America did when they made the Constitution. They formalized rules on preventing absolute political power, so I am looking for something similar regarding economic gaps.
I've thought a good one would be to have all publicly traded business allocate 15% equity to employees, and require a seat on the board for an employee elected representative. Employees should be allowed to vote to sell off a certain amount every quarter, and any stock buybacks would go into the employee pool until the 15% is reached again.