Shareholders are rent-seeking parasites. They have put down an initial investment to purchase some asset, and now consider themselves given the right to lord over those who labor for that asset, while providing little in value (no different than absentee/"hands-off" landlords).
It would be one thing to actually loan a set amount of money, with a set payback period that ends sometime in the future. It is another to declare oneself a relative God Emperor, and shackle others for entirely one's own benefit, in perpetuity.
To continue the metaphor, the wild can no longer feed itself, because of a set of people taken hold by delusions have irreparably destroyed the wild's ability to. No different than someone buying a cat, and keeping it locked up in a house all day. Yes, food and shelter is provided -- but a cat would be able to achieve those for itself, were it not for a chain of man-made events that landed it in such a predicament. The cat would've either not been born and never landed itself at the mercy of others, or would've been born in the wild, and lived without a sovereign ruling over it.
[0] https://www.oxfordlearnersdictionaries.com/us/definition/ame...
Remove the corporate veil. All liability will rest upon a corporation's guardians. Bankruptcy, and civil and criminal suits, will personally affect the officers and shareholders of said corporation (and their assets). The same way, if your child goes out drinking and driving, the parents are now liable for any people slaughtered along the way; or if your dog goes out and mauls some child, it will be put down and you will face restitution for damages.
Investments are not loans. Loans entail finite returns from finite input. Investments entail infinite returns from finite input. Its that infinity that makes investor-ownership parasitic in a way that loans ain't.
Calling it parasitic is to operate under naive assumptions that free lunch is somehow the natural state of being in a fundamentally entropic and uncaring universe. The enshitification is the result of a devil's contract as that which livestock effectively enter: to be fed crops, and protected in the now in exchange for later certain doom. There were always the "wild" alternatives of free software and DIY but they aren't popular at all in comparison.
Because to continue the metaphor, the wild can hardly feed itself. There is no salary paid for maintaining your own Mastodon or message board, hell it doesn't even pay for its own server bandwidth let alone salaries for the work involved. Traditional message boards are pretty much extinct, choked out by spammers and lack of interest.