We can go back to stakeholder capitalism.
Unless a stakeholder can become a stakeholder without putting in risk capital of course.
Yup!
Do you have a stake in whether the people in your community work unsafe jobs for poverty wages?
Yup!
From Claude:
"Stakeholder capitalism is a model where businesses focus on serving the interests of all parties affected by the company's operations - including employees, customers, suppliers, communities, and shareholders. The core belief is that companies should create value for all stakeholders, not just investors.
Shareholder supremacy, on the other hand, is a model where a company's primary or sole purpose is to maximize returns for its shareholders. This view, popularized by economist Milton Friedman in the 1970s, holds that businesses have no social responsibility beyond making profits for their owners while following the law."
Shareholder supremacy is a recent meme and it's wildly, obviously antisocial.
it's not eating its own young. It's externalizing the costs.
And it's understandable, because the cost of employees are perhaps the largest line item in the budget.