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No, a corp is only accountable to their board and the LARGEST shareholder. A single person can control an otherwise publicly traded company. Zuckerberg, for exa
by TehCorwiz 1y ago
No, a corp is only accountable to their board and the LARGEST shareholder. A single person can control an otherwise publicly traded company. Zuckerberg, for example. And not everyone can afford to spend their earnings owning companies. So what you get with a democracy is that power is spread out by default rather than concentrated in a single element. Default enfranchisement rather than the polar opposite. One at least nods politely at the idea of upward social mobility in passing while the other eschews all pretense as to the status of its party invitation.