this post was submitted on 27 May 2024
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[–] db2@lemmy.world 23 points 5 months ago* (last edited 5 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 5 months ago* (last edited 5 months ago) (1 children)
[–] NatakuNox@lemmy.world 17 points 5 months ago

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

[–] BedSharkPal@lemmy.ca 29 points 5 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 5 months ago (1 children)

Fiduciary duty to shareholders is a gun to civilizations head.

[–] Pistcow@lemm.ee 6 points 5 months ago

Good thing my entire retirement is dependent of stock price!

[–] Strawberry@lemmy.blahaj.zone 2 points 5 months ago

The existence of shareholders definitely is the big issue