3 ms·
Come on. You know who the "shareholders" are that the parent commenter talks about. They are board members and people with a huge amount of shares, not "normal"
by starbugs 3y ago
Come on. You know who the "shareholders" are that the parent commenter talks about. They are board members and people with a huge amount of shares, not "normal" people who hold 5 shares in their retirement portfolio.
The main interest of a shareholder is return on investment. And that's fine. The problem is that if you don't have enough competing entities in a market, these shareholders of the few companies that still exist hold disproportionate power that can and will be misused to make any attempt at new, reasonable competition infeasible.
It's really not that hard to understand.
- mistrial9 3y agono this is insufficiently informed.. company bylaws can vary quite a lot about voting rights. Your typical SiliValley cut-n-paste corp less so..
- newswasboring 3y ago> The main interest of a shareholder is return on investment. And that's fine. No, it's not fine. Legally, maybe, but not morally fine. I don't understand how everyone is ok with this system which seems to be selecting for the worst humans.
- mistrial9 3y agobecause the previous system involved swords and later canons
- starbugs 3y ago> No, it's not fine. Legally, maybe, but not morally fine. I don't understand how everyone is ok with this system which seems to be selecting for the worst humans. Wait. If you invest your money into something, do you not expect a return?