Before I start I want to point out that this is a thing already. What I'm explaining isn't some crazy untested idea but how I'd execute it. The idea: Create a trading website in which people can buy shares in Listed Persons (LP). LPs would have to release 2 years worth of tax returns (averaged out to determine market worth and divided by 10,000), pay a 1 time $25 listing fee (this will be used to pay for site upkeep and advertisements, not go into anyone's pocket) and sign a cookie cutter (but admendibale) LP Charter which will layout the bylaws that they and their shareholders will operate by. Once listed they'll be issued 10,000 shares (splits and future stock issuances can increase this number if they sell them all) with an IPO determined by their established market worth. Sales of these shares and any price fluctuations will be monitored with a live ticker to keep LPs and shareholders up to date on how the market both in terms of an individual LP and as a whole is behaving. Shareholders would have to pay a 1 time $25 buying fee and set up direct deposit with a bank account they control. Once done, they'd be free to start buying and selling LP shares as with any other stock. For the shareholders they have a chance at a good ROI. For the LP the benefits are far greater. The LP Charter, provided they don't amend it away, will include a provision that states they have executive authority of what shareholders get to vote on (thus maintaining overall control of their lives) but have no voting power themselves to ensure shareholder power isn't unduly diluted. They'd also have easy access to capital via stock trading which they (and their shareholders) can use to pay off debts or invest and perhaps most importantly major life choices will be made with the collective intelligence of all their shareholders. A collective intelligence made up mostly of strangers and thus lacking emotional biases, having an outsiders objective look at life thus free of subjective perception and financially motivated to make the LP's quality of life as high as possible.
If a corporation can expense 100% of the costs of operation, why cant I expense 100% of mine? We're both people after all
Hardly. I'm not suggesting working for anyone else (and someone doing this would have control over what was voted on). This is more like a voluntary (while getting paid) hive mind.
In our market-economy, the stock-market consists of companies with balance sheets that indicate their performance within a given market sector or series of market-sectors. Market-sector is the predominant factor in a corporations performance, not the "mechanism" it employes for share ownership. There is no "mechanism" on earth that can guaranty share-value performance. It is the market itself - meaning customers like you and me - who determine a company's share-market performance. The value of a market-share is determined by only two factors - Consumer Demand and Corporate Market Performance. Your "device" simply wraps itself around those two key factors and purports to give "control" to the share-ownership mechanism. When there is no such thing as "control". There is only market-observation and timing of share buying/selling. That process remains random regardless of the mechanism employed ...
N I never said it would be a safe investment. But consider this. Someone comes looking for money for a startup. They have no history with investors nor are they particularly successful in life. BUT not only do you get a say in how their new startup is run but (within reason) you can also dictate how they live their private life allowing you to keep them scandal free, stear them around toxic relationships and help maintain a strong personal brand. You're far more likely to invest in them and they get free (who in fact pay) life advisors.
That protection is called "The Law" and it works both ways. Both for and against those who run the corporations and those who work in them! In the history of mankind, I know of only one incidence where the workers determined who got what out of the profits made in a capitalist market-economy. That happened when what was called Yugoslavia. Which, before its demise as a country, had representatives of the workforce on the Board of Directors of private companies. Show me where that happens today in an developed country on earth (with a capitalist market-economy). It just doesn't exist (to my knowledge) to any great extent. And why not, I ask. Is it against God's will ... ?
Obviously if workers were any good on boards everybody would want them to drive the competition without them into bankruptcy. Notice how a liberal will not understand the first thing about Republican capitalism. Sadly, it is a fact that liberals are liberals because they lack the intelligence to be conservatives.
