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It has fallen to me, the humor columnist, to endorse Harris for president
(www.washingtonpost.com)
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this post was submitted on 27 Oct 2024
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politics
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That's not even true. It's a publicly traded company which means it's owned by the shareholders. Over 90% of those shares are held by financial institutions, meaning diversified investors.
I don't know how you could believe such a bald faced lie, and if you don't believe it then that's even worse.
https://en.wikipedia.org/wiki/The_New_York_Times#Organization
What you’ve written here is very misleading, bordering on incorrect, but does this distinction even matter? Both a singular billionaire and a collective of rich owners will manage the business to enhance their personal wealth, not for the common good of ordinary people. If Trump creates an incentive structure where businesses are penalized for going against his will, I think both types of management are rationally going to choose to obey him.
There needs to be a completely different type of management structure if we want leaders in the press to weigh things like the health of our democracy in their decisions.