Wallstreet is the oligarchy capital of the world. Today’s corporate management structure is a classic oligarchy with bureaucratic-pyramid-management flowchart. The top of the pyramid is a small elite chamber of managers and owners. At the bottom of the pyramid are hundreds of thousands of American jobs that depend on the success of this business model.
Wallstreet corporate industries have an upper size limit to expansion of assets or employees that leads to failure and the reality of “too big to succeed”. Exceeding this limit necessarily requires government assistance in the form of excessive regulation or massive business failure bailout. Oversized corporations, become like huge dinosaurs with walnut sized brains, that roam without consciousness of direction and the trampling under foot. (Citibank, AIG, Chrysler, Enron, Massey, BP and on, and on, and on…)
There is limit to the oligarchy-bureaucratic-pyramid-management flowchart model that guarantees breakdown when business size gets “too big to succeed”. End hypothesis.
This hypothesis plays out over and over with reoccurring catastrophes and bailouts. (Citibank, AIG, Chrysler, Enron, Massey, BP…) These corporate failures suggest a pattern not limited to any particular industry.
It is prudent federal government regulate and plan carefully for re-occurrence of massive corporate failure. The American taxpayer wants readiness when another starving brontosaurus corporation comes foraging for food. The government must plan for thoughtful regulation, reorganization, dismantling, or termination to protect tax payers from massive collateral damage.
How much regulation and “bailout” denial is required before this hypothesis is accepted and we face the problem squarely?
When service in a restaurant suffers, more waiters are needed. When fire breaks out everywhere, more fire fighters are needed. When crime becomes rampant, more police are needed. When democracy morphs to elected oligarchy and America lacks governance, send help to the few surviving democratic representatives. More representatives are needed. More presidents are needed. The antidote to corruption of power is disbursement of power. Step it up, America. Be proactive. Check out plan-b.
Citizen is coach to team democracy. Coach is responsible for success. It’s your call, coach.
Seeking presidential candidate (for one of 9 elected executive branch presidents) 2016