Kurt Seitz
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"Dunlap was the early and loudest proponent of shareholder capitalism — the idea that a corporation’s sole purpose is to maximize shareholder value — in contrast to stakeholder capitalism, which holds that corporations had responsibilities to their employees, their communities, and the nation...
03:59 PM - Apr 05, 2024
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Kurt Seitz
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thread 2/2
"The typical worker today is only slightly better off than his or her equivalent 45 years ago... Most are less economically secure. Not incidentally, few own any shares of stock. By 2024, the richest 1% of Americans owned 52% of all the shares of stock owned by Americans. The richest 10%, 93%."
03:59 PM - Apr 05, 2024
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