Freedom requires accountability.
Markets require competition.
Democracy requires independence from concentrated power
1. Executive and Board Accountability
- Personal Responsibility for Corporate Wrongdoing: Executives and boards must be held personally accountable for fraud, regulatory evasion, and systemic negligence. Eliminate golden parachutes following catastrophic failures and allow courts to pierce the corporate veil for gross misconduct.
- Transparency Requirements: Mandatory real-time public disclosure of executive compensation, executive stock sales, and all lobbying and political contributions.
Executives should lead for the long-term health of companies, not loot and flee.
2. Union Reform: Workers at the Table
- Worker Representation: Large corporations must include at least one worker-elected representative on their board of directors.
- Focus on Economic Partnership: Unions should focus on workplace governance and employee conditions, separate from political activities.
Workers and management should be allies in building strong, competitive companies — not enemies.
3. Stern, Targeted Anti-Monopoly Enforcement
- Revitalize Anti-Trust Law: Break up companies whose size or behavior distorts free markets. Focus on behaviors such as predatory pricing and exclusionary practices.
- Faster Enforcement: Streamline antitrust cases to prevent endless litigation, focusing on restoring competition, not punishing success.
Markets cannot be free if competition is dead.
4. End the Political-Corporate Revolving Door
- Strict Cooling-Off Periods: Impose a 10-year mandatory cooling-off period before former politicians or regulators can work in industries they once oversaw.
- Ban Post-Government Lobbying: Former public officials should be prohibited from lobbying or consulting on matters related to their former public role.
- Independent Enforcement: Create enforcement bodies independent of political appointees to monitor and apply these rules fairly.
Public service must not be a stepping stone to private corruption.