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Distribution of Corporate
Ownership Today
Corporate Ownership under a Future Just Third Way
The Problem: Transforming the Corporation
From a conflict model of industrial relations
(zero-sum game), to the synergy of a proprietary interest
model (win/win game).
The Objective: Justice Based Management
Leader monopolizes power
Leader commands through fear
Ownership and control concentrated
Paternalism
Accountability upward only
Trickle-down incentives
Rewards disconnected from productivity
Waste of time, materials, and human potential
Short-term sense of income security
Target of political attacks
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Leader serves by teaching and empowering others
Leader guides through Justice
Every worker an owner
Management by shared values and customer satisfaction
Governance by checks, balances and two-way accountability
New labor deal: gain sharing, risk sharing, profit sharing
Efficiency maximized by Justice
Waste converted into production
Shared interest in long-term survival
Broadened political constituency
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The Development Curve
This graph traces the growth of population
through all recorded history, up to the year 2000 A.D. However,
the same sort of curve - a near right angle slightly rounded
at the corner - is of quite general application, and would
be followed fairly closely by almost any significant factor
of modern civilization.
The reason why one curve fits
so many and such varied factors of modern life is that what
it really measures is the passage of the human race from one
kind of history to another: from subsistance to what is now
called development. This passage and its implications constitute
the single most important clue to an understanding of our
civilization - and of all history before it.
If the political divisions of
the world at this moment were distributed according to their
degree of development, they would be strung out along the
same curve, with the United States at the top of the curve,
the western and westernized countries below it on the "vertical"
leg, the more "advanced" Communist countries on
the rounded corner, and most Communist and all "developing"
countries along the bottom.
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