Rudolf the red nosed Meidner
is dead ....
so is his
PLAN FOR PARADISE .....
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"Rudolf Meidner's share levy,
" extraordinarily difficult to evade"
"diluted shareholder wealth
without weakening the corporation
as a productive concern"
HIS plan :
"every company with more than fifty employees
issue new shares every year equivalent to
20 per cent profits"
" NON MARKETABLE "
" a network of 'wage earner funds'
hold the shares,
and reinvest the income from dividends"
"finance future social expenditure".
"As the funds grew they would play an increasing part
in directing policy in the corporations "
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Posted by pinky at December 27, 2005 09:50 AM
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