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It’s a clear reference to shareholder primacy and it’s not wielded democratically nor is it something most even have a chance to participate in even though most have stock market exposure through retail buys, 401Ks, IRAs etc.


How does this affect the prior comment?


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


Who do you think supports and reinforces the “legal doctrine” on a daily basis?

Some mysterious beings outside of society?




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