2 ms·
> We should demand not to subsidize the richest companies in the world. Not without overturning Dodge Bros vs Ford, I believe. The ruling created shareholder p
by WarOnPrivacy 1y ago
> We should demand not to subsidize the richest companies in the world.
Not without overturning Dodge Bros vs Ford, I believe. The ruling created shareholder primacy, the privilege of shareholders to have maximum bites of the corporate apple. It rigidly protects shareholder (and by ext, executive) interests.
The never-ending wealth that flows from that - first buys politicians, then officials, judges and (eventually) every part of regulation & corporate oversight.
ref: https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.