Economists and financial executives have proposed similar changes for years.

Over the past few years, numerous economists, corporate executives, and social thought leaders have proposed their own ideas for how to change capitalism.

Beech-Nut's former chief executive has proposed that he lecture students on ethics instead of receiving a jail term.

Under America's constitutional form of government, executives propose and legislatures dispose.

The dissident executives have proposed that the firm's institutional and retail components be split in two as a means to stem the departures.

The executives have proposed turning over their stakes in various investment partnerships that were put together during their days at Drexel.

The current executive, Steve Levy, proposed a $1.9 billion general fund for next year, 1.6 percent less than this year's budget, he said.

"But if an executive proposes something that doesn't fall into the categories we've established for giving, then we would say no, even to the chief executive."

As of May 2012 the newly appointed chief executive, Ray Smith proposed merging the three service arms into one team.

Although the executive proposes most new laws, individual deputies of the Parliament also may introduce legislation.