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I agree that shareholders are owners. I saw "usually", but given the minor overlap it didn't seem sufficient to support a full assertion that MF sides with exec
by robertlagrant 2y ago
I agree that shareholders are owners. I saw "usually", but given the minor overlap it didn't seem sufficient to support a full assertion that MF sides with executives. Given that owners don't have to be executives and executives don't have to be owners.
- sydbarrett74 2y agoWe may disagree in some particulars, but we're in broad agreement. :)
- robertlagrant 2y agoYes! Tl;dr: Jack Welch - executives are valuable. Milton Friedman - regular staff benefit from competition (in their own industry to keep wages high, and elsewhere to keep products cheaper/higher quality); owners are important because you made an agreement with them when you took their money; executives exist, but are not particularly valuable.