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I mean are you surprised by this? Companies do not exist for the benefit of labor, they exist for the benefit of shareholders. Why is this even considered news
by FollowingTheDao 4y ago
I mean are you surprised by this? Companies do not exist for the benefit of labor, they exist for the benefit of shareholders.
Why is this even considered news?
- malermeister 4y agoBecause while that's the status quo, it shouldn't be. Labor is entitled to all it creates.
- redeeman 4y agopeople are entitled to have their contracts honored. If you dont want to produce 100x value for the big bad company, then you must be free to not. I believe you do have that freedom. So go do something else? tend to your own crops, make your own software. you are entitled to freedom, which everyone should have, but not other peoples enterprises
- cudgy 4y ago“they exist for the benefit of shareholders” How does paying a CEO so much money benefit the shareholders? Do you honestly feel there aren’t millions of people that could do his job (and likely better) for a fraction of what he was paid?
- FollowingTheDao 4y agoCEOs are usually shareholder. And they hire these people to act in the interest of the shareholders. https://www.barrons.com/articles/blackrock-ceo-larry-fink-sells-stock-1b269e9 https://www.barrons.com/articles/blackrock-ceo-larry-fink-se...