3 ms·
Pick your poison. I love how people rail against shareholder value. But then, they fail to forget that… Shareholders are also pension funds, people with 401k
by jollofricepeas 4y ago
Pick your poison.
I love how people rail against shareholder value.
But then, they fail to forget that…
Shareholders are also pension funds, people with 401k’s and rank and file employees.
The actual problem is wealth inequality and the fact that a select few burden the majority with most of the risk while they reap most of the rewards.
In one way or another employees are always shareholders even when they’re not holding any certificates.
- runarberg 4y ago> Shareholders are also pension funds, We don’t forget that. It is simply a reality that we can’t avoid. All the profit is siphoned into the stock market, if you opt out of it (if you are even allowed to; in many European states, these funds are mandatory), you’ll loose your savings to inflation. Could we have a better system? yes. Does it make sense to add this caveat every time we complain that shareholders are exploiting workers for their own profits? No, that would be a waste of nuance.