this post was submitted on 25 May 2025
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It shouldn’t be legal for the interest of shareholders to outweigh the interest of stakeholders. Companies need to be beholden to stakeholders only; while shareholders are a part of the stakeholders in a company, their interests should be equal to each of the other stakeholders.
I agree, stocks don’t need to be short term investments that people can day trade to game.
Also, the millionaires and billionaires that own stock should be forced to sell their shares instead of being allowed to use their stock as collateral. These people can evade paying taxes on their money for their whole lives while still gaining the effects of actually using that money since the stock doesn’t need to be sold to be useable.