Comment by carlosjobim

2 months ago

Big companies have been owned by shareholders for hundreds of years. Most companies being plundered right now were created by selling shares to initial investors. These shareholders held a sense of responsibility towards customers, towards employees and towards their community, which made the companies long term successful.

Blaming shareholders has no relevance unless you look at what has changed about the shareholders. It's a new generation of elderly who never grew up and never learned to think long term.