this post was submitted on 27 May 2024
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[–] db2@lemmy.world 23 points 11 months ago* (last edited 11 months ago) (4 children)

Shareholders aren't the big issue. CEOs paying themselves hundreds of millions of dollars is.

Emphasis added since some seemed to not be reading all the words.

[–] bolexforsoup@lemmy.blahaj.zone 87 points 11 months ago* (last edited 10 months ago) (1 children)
[–] NatakuNox@lemmy.world 17 points 11 months ago

Yup the CEO, shareholders, and middle management goals are diametrically opposed to the workers.

[–] BedSharkPal@lemmy.ca 29 points 11 months ago

The hell. Shareholders are vampires that suck the profits from a business that should go to employee compensation. All while demanding more.

I wish there were more coops that I could shop at.

[–] AlwaysNowNeverNotMe@kbin.social 17 points 11 months ago (1 children)

Fiduciary duty to shareholders is a gun to civilizations head.

[–] Pistcow@lemm.ee 6 points 11 months ago

Good thing my entire retirement is dependent of stock price!

[–] Strawberry@lemmy.blahaj.zone 3 points 11 months ago

The existence of shareholders definitely is the big issue