Elizabeth Warren's Accountable Capitalism Act would force companies to look beyond shareholders

WSJ ^ | August 15, 2018 | Brittany De Lea

[polymuser]

Flaming socialist on the march.

Sadly, our well-indoctrinated Gen Xers, Millennials, minorities and entitlement takers will chug down her koolaid, like they did Bernie’s.

[RatRipper]

“The American Business and Industrial Nationalization Act of 2018

Warren said specifically the other day that she was not a socialist. I agree with her. "Industrial Nationalization Act" is full blown communism. I believe she is an evil woman. Nobody that understands a little bit of history will accept anything she has proposed. Leftists are actively kicking the public arena platform out from under conservative thought. We need to fight that tooth and nail and return the favor. They know they have lost the public debate so they are trying to squash all discussion comparing the two ideologies. I am not a hater, except that more and more, I have come to hate the ideology and tactics of the left.

[stinkerpot65]

Literal fascism.

[Joe Brower]

Sounds likes she quite the fan of capitalism, then. And taking advantage of people who've been foreclosed -- the shame! < /s>

Of course, being a typical hypocritical leftist, it's just another example of "do as I say, not as I do".

[grobdriver]

We need corporate giants to lead the way on this:

1. Google
2. Apple
3. Facebook
4. Twitter
5. NYT
6. etc.

[bert]

Hating is ok

We must hate the left to bring about it’s total destruction

Kumbaya kills

[Desron13]

"Elizabeth Warren's Accountable Capitalism Act would force companies to look beyond shareholders."

"Elizabeth Warren's Destroy Capitalism Act would force companies to look beyond any hope of profitability."

There, I fixed it.

[Nifster]

And no WSJ has gone full fascist

[Bayan]

For “Accountable Capitalism Act” read Fascist Control of Industry Act.

[longtermmemmory]

does she want dividends distributed to non-shareholders too?

[Thommas]

..would require corporations with more than $1 billion in annual revenue to get a federal charter of corporate citizenship..

When government dictates how industry conducts its business, with the concomitant industrial return of favors to government, fascism will be in place.

[mjp]

to the singular goal of maximizing shareholder profits

I opposed S 3348 on popvox

In a modern rational economic system, profits and private property are the means and motive of increased aggregate production. Increased production leads to increased supply, which leads to lower prices in relation to wages, which leads to higher standard of living for the average worker, which is what commie Warren should want.

[knighthawk]

A Democrat using the word “accountability”...

[Pecos]

"federal charter of corporate citizenship"

Achtung!

Facisim IS socialism.

[bigbob]

They advocate socialism and communism yet complain that Trump is turning “our democracy” over to Putin. Well isn’t that what they want?

[NativeSon]

Bet ya a shiny nickel that there’s a “flow down” requirement the would impose the same rules on smaller companies within the supply chain.

[DUMBGRUNT]

Profits are bad she says.

Samuel L. Gompers, a BIG union guy says:

“The worst crime against working people is a company which fails to operate at a profit.”

[LostPassword]

Things like this really need to be tested before making it a law across the land. We should test it on companies NEA pensions have the biggest investments in. /sarc

[BenLurkin]

Rather see Trade Unions be held accountable.

[KC_Conspirator]

Hey Liz, how about the Accountable Politician Act? Or the Accountable Government Worker Act?