Small investors like you and I may not have the resources to sue. But these giant mutual funds that own significant parts of these companies too give them too much of a latitude. If the giant mutual funds, Vanguard, Fidelity, Schwab and a few more join together to form a Corporate Governance Auditing Board or something and hold the directors' feet to the fire, and fire them for incompetence and sue them for malpractice, then things might change.
To think one man, with some initiative can change the culture of a company the size of Microsoft, with entrenched interests, history of turf warfare and empire building is blowing smoke. That company went through spectacular expansion and growth in the 1990s. All those very capable people, the ones who have the vision and ability and the guts to skate too close to or even past the edges of legal behavior have all cashed out, burnt out or pushed out. As the able ones leave, the fraction of PHBs who are clueless when there is not a de-facto monopoly increases. They are playing the same game that used to be effective when there was a WinTel monopoly on desktops, and desktops had the monopoly on computing.
A truly visionary CEO will realize this, break the company into pieces that will once again compete or perish and resign. But Satya Nadella is no Michail Gorbachev.
But as a taxpayer
And each bullet costs just two times the GDP of the entire village the terrorist is hailing from! And we will make up for it in volume too!
Some times I wonder if it would be cheaper to feed, cloth, provide healthcare and house all the Afghans than what we spent on military over there. Afghanistan hardly has 30 million people. Per capita income is 500$ a year. Just 15 billion dollars total. We spent 1 trillion dollars in the war over there. Our government is borrowing at historically low rate, 10 year t-bills go at 2.5%, the interest charges on that debt alone is 25 billion dollars a year!
I don't know if it would have worked. But the idea goes like, take a large well defended perimeter. Free food, clothing, hospitals and homes inside. Let people in after disarming them. Expand the area as more and more people move in. We might be able to take in 90% of the population inside, standing obediently at the breadline and the hospital waiting rooms. I don't know. May be an idiot slashdot keyboard warrior.
If we just put the trillion in the bank at 4% interest rate, you would get 40 billion dollars a year, It could pay 1 million people 40K a year. None of these projects ever create even a large fraction of a million jobs. Even if it uses the money to hire half million people to dig a trench and the other half to close it up it would provide greater economic impact to the economy than such boondongles.
But one sure fire way to keep their customers tied to the grid is to encourage electric cars. If every home is charging two or three cars overnight they might not be able to ditch the grid. Since night load for the utilities is just 66% to 70% of peak day time load they can serve this market without additional investment in power plants.
Peeling off a large customer base from gasoline companies to the grid would be in the long term interests of the electric utilities. Why aren't they doing it?
Helping a big part of American car owners to switch to electric cars would create a huge market segment for the gas car rental companies. Why aren't they doing it?
Even with training most people could not paint a simple landscape or compose new music or even come up with an original joke. So why should everyone be "empowered" to be programmers? Who is stopping them anyway? Heck we don't even have the equivalent of AMA that can sue people for programming without a license. In fact that rant would have more validity against the legally chartered professional organizations that have the monopoly in issuing credentials and stopping people from practicing law, medicine, accounting etc without license.
Joking aside, your post here clearly shows that you belong to the all time great people list. People with good name recognition who are not jerks are quite rare.
I saw another Tamil movie of a murder victim reincarnating as a house fly to take revenge. The kind of graphics and CGI done by them is incredible.
There is a threat to Hollywood dominance too. Bollywood, the Indian cinema was the only one that withstood the assault of Hollywood while the French, German movie industries collapsed. Bollywood movies are as silly as the Hollywood ones but it connects with the Eastern audience well. Another movie by the Superstar, called Muthu, is a cornier than the farmlands of Iowa. Friendship, sacrifice, moral values, suffering while taking the high road... it got it all. That became a super hit in Japan! Got rave reviews contrasting the great inspiring storyline of that cornfest with the triteness of Hollywood.
Even Hollywood would not save America's bacon for long
The the 9% machinery operators and the 10% riot suppressors have children who might not make it to the 9% or the 10%. They are the ones who will provide aid, logistics, intelligence to the mass of 80%. But if the social machinery operating and the riot suppressing become hereditary, then the situation becomes stable. Children of 1% stay in 1%. Children of the 9% and 10% stay in their "station", since they realize how lucky they are for not being in the 80%, and they fear being dropped into the unwashed masses, they enforce the system with great vigor. That is exactly how caste system in India and the mandarin system in China and the feudal system in Europe survived for centuries.
Among the 9% machinery operators, the top one advice the 1%. They already are pushing the society to a less socially mobile system. Inherited wealth outstrips earning your way into the system. By calling estate duty death tax they are able to pass wealth down the generation more with less attrition. The super high tuition rates is merely an identification system to distinguish the 9% and 1% from the rest so that they are on the track to get the jobs. Basically we are setting up the stage for a few centuries of rule by the 1% with the help of the riot suppressors and the social machinery operators.