(ed: and it sounds like a very sound plan…
(you don’t get to use two meanings of a single word in a short sentence very often – i couldn’t resist..)
Elizabeth Warren – the Massachusetts senator tipped as a Democratic presidential candidate in 2020 – has unveiled new plans for legislation aimed at reining in big corporations – redistributing wealth and giving workers and local communities a bigger say.
Under the legislation corporations with more than $1bn in annual revenue would be required to obtain a corporate charter from the federal government – and the document would mandate that companies not just consider the financial interests of shareholders.
Instead businesses would have to consider all major corporate stakeholders – which could include workers – customers and the cities and towns where those corporations operate.