this post was submitted on 12 Dec 2024
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Just the tip (lemmy.world)
submitted 1 week ago by robocall@lemmy.world to c/memes@lemmy.ml
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[–] dance_ninja@lemmy.world 2 points 1 week ago (1 children)

My point is CEOs aren't the only ones deserving of criticism. The shareholders are the bigger issue because they create the environment that pushes awful business practices in the name of a quarterly return.

[–] mo_lave@reddthat.com 2 points 1 week ago (1 children)

Shareholders is the general public. If your neighbor owns one share, how much of a fair game are they?

[–] dance_ninja@lemmy.world 1 points 1 week ago

Yeah that theory doesn't hold in practice. These are the folks that pressure Fortune 500 companies with hostile takeovers if they don't do stock buy backs. The general public doesn't pull that crap.