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senate Bill S. 3348

Should Employees of Large U.S. Businesses Choose at Least 40% of Their Corporation's Board?

Argument in favor

Corporations have been so focused on increasing profits for shareholders that they’ve neglected investments in their other vital stakeholders — employees, consumers, and communities. This bill would give employees of major U.S. companies control of 40% of the board, which will lead to decisions that are geared toward more than profits.

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08/31/2018
Employees should ALWAYS HAVE A SAY on important company matters. If it weren’t for the employees the owners would be out of business
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John's Opinion
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08/31/2018
Those who work and provide the profits for corporations should have a say in the choice of board members and the social and political positions of the corporations. The view of big businesses seems to be that the country exists to serve the corporation instead of the other way around. And, what the hell is wrong with socialism anyway?
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Tinee's Opinion
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08/31/2018
Yes corporations should be allowed to choose up to 40% of the board. This will increase accountability for decisions the board members make. Too many time a corporations decisions are based on the amount of profit not how decisions affect their employees.
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Argument opposed

This is unnecessary, as corporate boards already consider more than just shareholder value in their decisions — they know that how workers, consumers, and communities perceive their actions directly impacts the company’s well-being. This bill is a classic example of government overreach into the economy.

Matthew's Opinion
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08/31/2018
Get government out of business, unless you want to destroy it. Government has become a cancer.
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Jennifer 's Opinion
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09/01/2018
Too much government overreach, but that’s the point isn’t it? These are the early stages of the move to socialism.
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Purrkitty's Opinion
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09/01/2018
Should your gardener get a vote on your financial decisions? Should he have veto power over whether you switch jobs? How ridiculous!
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    Employees should ALWAYS HAVE A SAY on important company matters. If it weren’t for the employees the owners would be out of business
    Like (87)
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    Get government out of business, unless you want to destroy it. Government has become a cancer.
    Like (55)
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    Theodore Roosevelt said on corporations: "Our aim is not to do away with corporations; on the contrary, these big aggregations are an inevitable development of modern industrialism. ... We are not hostile to them; we are merely determined that they shall be so handled as to subserve the public good. We draw the line against misconduct, not against wealth." Vote YES.
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    Those who work and provide the profits for corporations should have a say in the choice of board members and the social and political positions of the corporations. The view of big businesses seems to be that the country exists to serve the corporation instead of the other way around. And, what the hell is wrong with socialism anyway?
    Like (51)
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    Yes corporations should be allowed to choose up to 40% of the board. This will increase accountability for decisions the board members make. Too many time a corporations decisions are based on the amount of profit not how decisions affect their employees.
    Like (38)
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    Too much government overreach, but that’s the point isn’t it? These are the early stages of the move to socialism.
    Like (30)
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    Should your gardener get a vote on your financial decisions? Should he have veto power over whether you switch jobs? How ridiculous!
    Like (26)
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    Management is overhead. They produce no value, only the workers produce value. The workers should have a say. Their the ones actually making the money.
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    Get government out of telling companies how to run their business!
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    Socialist and or communist doctrine has no place in corporate America.
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    This is unnecessary, as corporate boards already consider more than just shareholder value in their decisions — they know that how workers, consumers, and communities perceive their actions directly impacts the company’s well-being. This bill is a classic example of government overreach into the economy. Keep the greedy paws of the bloated federal government out of the free market.
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    It's time to put an end to the ridiculous and disgusting maxim that says a corporation is only beholden to its shareholders. Workers create all the profits, and are too often treated like garbage for their troubles. Plus, those with all the wealth too often make immoral and environmentally irresponsible decisions.
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    SB 3348 needs to be passed. Thank you Senator Warren.
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    No, lawmakers like Elizabeth Warren are failures at running the government. They need to keep their nose out of how corporations run their business.
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    The board represents the owners of the company. Full stop. Employees have gotten their share of the production - it's called salary/wages and benefits. The best thing you can do to improve employees conditions is get regulations out of the way that prevent the creation of new businesses (which is plenty difficult enough without the government's intervention). That gives the best employees options and increases demand for talent, allowing workers to command top dollar for scarce skills. Employees only say in their employer is the right to take their talents elsewhere. To argue that they have a right to the governance of their employer betrays a fundamental misunderstanding of what is and is not a right.
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    TOO BIG TO FAIL Corporate America is as corrupt and anti THe “Little Guy” as is our current Rotting RED ( haired and Russian Puppet rule) Leader, Trump, who continues to push the buttons on his corporations to increase his wealth at the expense of the world! Unfettered by SPINELESS GOP CONGRESS! Vote them out in 2018 and 2020, save American Democracy for our children!
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    No Way should they.
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    Is this an area the Gov’t is directed by the Constitution? I think 🤔 not! So, keep your grubby, power hungry hand off!
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    This would be an excellent first step to address the rampant income inequality currently plaguing our nation, which the current regime seems intent on increasing.
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    This is an amazing idea! Let's do it!
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