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Half of the us population being shareholders doesn’t translate to a seat the table economically, not to mention is a red herring to the topic The real issue is
by no_wizard 2y ago
Half of the us population being shareholders doesn’t translate to a seat the table economically, not to mention is a red herring to the topic
The real issue is that there is legal doctrine that makes it hard for businesses to not be dominated by their largest investors / shareholders in such a way that extracting short term profits every quarter has taken precedence over building healthy sustainable businesses. Everyone is chasing the absolute most % of profit to the detriment to even the business
- MichaelZuo 2y agoWho do you think supports and reinforces the “legal doctrine” on a daily basis? Some mysterious beings outside of society?