Well, yes and no. Actually, for US public companies, about 60% of value (common stock) is owned by individual citizens, including beneficial ownership through

Well, yes and no. Actually, for US public companies, about 60% of value (common stock) is owned by individual citizens, including beneficial ownership through mutual funds. Everyone with a bit of retirement savings. And that proportion is actually increasing, as institutional money chases private asset classes. The real democratic tragedy is that these retail investors never vote (less than 11% of accounts vote at all). So results like this one are dominated by hedgefunds, who are the most vocal voice in the room. The big mutual fund managers often abstain, in large part because they don't know how their constituents want them to vote. So there is actually a big democratic opportunity -- the public owns the majority public companies, and has the ability to hold them accountable to public interests. If only people would pay attention. Usually, people throw away their proxy voting cards. To try and address this problem, I built this website, built around a simple online petition UI (a la change.org) but which verifies your shareownership (via api to service like Plaid). For example, one of our users put up this exact petition on our website. https://www.yourstake.org/ask/amazoncom-inc-facial-recognition-privacy-and-civil-liberties/ https://www.yourstake.org/ask/amazoncom-inc-facial-recogniti... We've been hacking away on features recently, and haven't yet gotten the word out enough.