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You're making the expertise argument against democracy. It's not a good one.

Anyway, boards can get the information they need (that currently they don't want), and can be expert enough to know when things are going horribly wrong. And, even if they cannot become experts (no one should expect democratic representatives to be experts on everything they make decisions on), boards can incentivize upper management in a socially beneficial direction and/or hire outside experts who can regulate upper management in that direction.

fairleft

by fairleft (fairleftatyahoodotcom) on Tue May 25th, 2010 at 12:08:05 PM EST
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