The whole thread is disingenuous, yes. The entire premise is that corporate governance is based off a dumb quote that's backed by zero evidence. The downvotes a

The whole thread is disingenuous, yes. The entire premise is that corporate governance is based off a dumb quote that's backed by zero evidence. The downvotes above just confirm how quickly these debates become ideological echo chambers. In America this just means people spouting neoliberal truisms like "unions will just raise wages!!1" which of course is nonsense as can be seen by the actual behavior of unions in Germany, Sweden and the auto-unions in the US. The point here is that there's no economic reason why workers in the US have such little power and are, except for the very top 1%, treated far worse than any other workers in the developed world. It is an ideological trap that has captured not just the US 1% but actually the US 99% too. This is not going to change any time soon. Given the relentless war on unions and the intense pro-corporate bias that exist at all levels of the American power structures, the obvious expectation is that US worker wages will continue to stagnate and ultimately fall in accordance with their actual economic negotiating power.