Corporate Leverage

This is an idea of a strategy for leveraging non-monetary corporate resources. Intended primarily for Ireland due to the significant presence of multi-national corporations. The idea stems from a rather questionable source - Muammar Ghaddafi. He attempted to outline a 'new' political philosophy aimed specifically toward third world, arabic/islamic nations. He basically thought the traditional capitalist/communist paradigm could be reimagined for these style of nations and he had found a 'third way'. Please look into 'the green book' as its known. Inevitably he was overthrown in a coup and died in a tunnel but for a period of time he was some sort of folk hero in the arabic world, a guy who could unite them with a shared vision, with support from the west. he even presented this book to the UN at one point in a bizarre moment in history. Regardless, the third way is an interesting concept. The thought of creating a brand new system or overthrowing a system or anything like that is a stretch that typically leads to chaos in history and a quite a few rolling heads. Instead let's use the system itself and offer minor tweaks that can have big upside. We can find a synthesis between public and private sectors and ultimately achieve a third way.

The goal is to bridge the gap between profit and public sectors. The public sector could benefit from people+time focused on drilling down on a particular issue and resolving it, as well as laying the ground work for improvement. On the other hand, companies can benefit from improved public perception, increased profitability and workforce satisfaction. So in order to align profit and public interests: Offer multinationals a cash discount on their corporation tax in exchange for an equivalent (or even discounted) value in manpower hours dictated by wages, dedicated to specific projects. So if we just take google as an example, who reported profits of roughly 3.57 billion in ireland last year. They have a headcount of roughly 5500 (profit per employee: 649,090). we offer them the following deal: 1% corporate tax break (35.7million) in exchange for 4 hours per week from your employees (annual income average: 67k) working on prescribed projects related to their field. so for example googles data analysts will work with government data analysts on a pernicious issue they are having - for 4 hours per week (half a day). They can offer expertise and insights and give public projects a significant boost, guidance etc. If they try to work around this they can - they can raise employee wages and devote less time per week towards the community project, thus stimulating the consumer economy further: win-win. There would need to be a cap either in terms of

The ask from the public side is so minimal that it is unlikely many companies will up shop and leave. It can be carried out progressively over the course of a government term for example as a pilot programme with 4 willing companies. It offers employees the oppurtunity to contribute their specific skillset to a worthwhile goal. It offers public employees a chance to learn about the private sector (and vice versa) as well create meaningful career progression opportunities in the opposite sector. The incentive structure can be tied to the outcome of the project and incorporated into individual, managerial and corporate goals. The synergy lies in gathering people from different companies and government roles who are strong at different things under one umbrella for a set time per week to nail one thing per year. This could be counter-productive if managed poorly of course. There may be a very lax attitude toward the endeavour if not marketed and incentivised effectively. The carrots and sticks would have to be meaningful enough either to trigger wage increases. Possible solution? X% mandatory tax increase for a 3 year period as a penalty, public shame etc. I believe there are enough people in the private sector who would from a little break from the general grind to engage in something a bit more exotic - and by the way continue to be paid while doing so. There is no aspect of volunteerism here or doing something from the goodness of your own heart. It is a profitable activity undertaken on behalf of the public you profit from in some sense. If you tie it into the same reasons/consequences someone contributes any meaningful work for a private company the results should be the same.

In reality, if a company is large enough to have a disproportionate impact on the outcomes of a society then they really are a public function after a certain point beyond the services they provide and the employment they dole out to the employees- which they are constantly trying to optimise by the way for reasons of profit. Food companies are essentially public services - if they fall apart, people starve. The burden of responsibility is significantly higher than simply generating a profit. There reaches a certain point where we really should be leveraging companies beyond the services they provide. Value can be calculated beyond basic arithmetic and leveraged. Human capital, intellectual capital etc.

The possibility to scale this up should be tempting at an eu-wide level with Ireland providing a perfect trial run as it were - small place, small population. There is enough political will, ingenuity and courage to pass such a regulation in a meaningful way.

Anyway, thank you for reading. Nice ai generated image for you there below.