If I can just take any money I "should" be giving to employees and absolve myself of that goal simply by spending the money on the company instead, which every publicly-owned company currently does, then nothing has changed.
You DO realize things like stock buybacks are done to grow the company, right? Like yes, there is a profit motive there for shareholders, but paying off shareholders could also be classified as growing the company.
So again - what are you actually asking for? Please clarify whatever point you're trying to make, because so far, all you've said is "nothing should change".