How to stop unwarranted executive bonuses.

[RDANGELO]

The natural tendency in any capitalist society is that the rich will get richer and everybody else will get poorer. The only thing that can stop this is government regulation. The fact that the elite are at the top of the economic chain, gives them the power to continuously grab more wealth, and they will do this as long as no one stops them. The culture in the corporate world right now is that everybody expects bonuses; So they get one. even if the company is losing money. The government needs to regulate corporate executive pay including bonuses. Bonuses should be given out only when extraordinary accomplishments are made.

[Turbineguy]

1. In a capitalist system

based on the concept of creating wealth by producing products that people "have occasion for" (Adam Smith) everybody benefits. Regulation merely massages the degree.

What we have wrought is a cannibalistic zero sum consumption based model and reduced regulation at the same time.

[hobbit709]

2. Simple little rule: Red Ink=NO BONUS.

[Donnachaidh]

3. WHO will define the extraordinary accomplishments?

It certainly cannot be the executives themselves. Hell, they'd be giving themselves bonuses for successfully parallel parking without bouncing off the car in back of them. :sarcasm:

[LiberalEsto]

4. We should TAX those bonuses

at 90%

That would stop them.

[MercutioATC]

5. How about just letting the shareholders decide.

They do, after all, own the company.