One of those little amusements. John Christiensen, as I’ve already pointed out, has left the Tax Justice Network in a huff. Ritchie is equally unhappy:
Richard Murphy says:
August 3 2021 at 3:08 pm
They do not
Nor do they agree on the need for very significant salary hikes in recent years
But the issue is really about what tax justice is about
We did not create a mediocre agency creating indices of little relevance and which now thinks the future for tax justice is all about tax as a feminist issue, important as that might be
We think there are massive issues still to address of a broader nature
And massive issues that as it stands TJN is failing on, including as a consequence if its deliberate alienation of the OECD, with which you do not need to agree to remain at the table, but where TJN now thinks insults work best, but don’t
The difference has become irreconcilable. The existential question is does TJN exist to keep a bunch of researchers with very limited knowledge of tax in employment, or is it seeking to deliver tax justice? I know where I stand
This being what shareholder primacy is all about of course. Those who set up an organisation get to determine what an organisation does. They set it up to do something so that thing it shall do.
Without shareholder primacy you get a vague wandering off into the distance. For there is no one with the power to insist that the organisation do the task it was actually set up for.
This all getting worse when you expand to stakeholder control. One of the stakeholders will be the workforce who will, obviously, be entirely happy to collect very decent salaries (this is a small thinkish tank type of place, they’re spending £1 million a year on 15 salaries) for doing not all that much.
Inside such an undirected mush the insiders get to grow slothful and happy. Which is the entire point of shareholder primacy and not stakeholder. With the one single concentrated interest there is the one single – ultimate – source of power. Which means there is someone out there able to insist that the organisation actually do something.
The complaints from the P³ and Christiensen about the lack of anything happening are exactly what that shareholder primacy they so abhor exists to solve.