Re:Companies Shouldn’t Be Accountable Only to Shareholders
by Cthulhu_ on Wednesday August 15, 2018 @10:19AM
(#17766173)
> [...] I can't see how anyone (other than the people who stand to lose directly) could oppose it.
And there you have it; the shareholders and CEO would stand to lose directly, they have a huge amount of money (and they're both national and international players; a foreign investor would give less of a shit about US workers), they're in politics (directly or paying for it), etc.
I hope this gets traction, but I'm cynical, and I'm confident the US is already an oligarchy in the pockets of those that made 7 trillion out of their 250 billion investment.
And there you have it; the shareholders and CEO would stand to lose directly, they have a huge amount of money (and they're both national and international players; a foreign investor would give less of a shit about US workers), they're in politics (directly or paying for it), etc.
I hope this gets traction, but I'm cynical, and I'm confident the US is already an oligarchy in the pockets of those that made 7 trillion out of their 250 billion investment.