I’ve been part of multiple board elections where the little people have deciding votes because a 3rd party institutional investor needs to rally the retail investors to oust the current board for environmental crimes reasons.
Having a vote is having control of capital … and they pay you for it with dividends too.
But it isn’t the same as if the entire working class had a collective say in the capital, not just those who choose to and have the resources to pay in. It isn’t the same as the workers of that company having a say in their working conditions, shift lengths, compensation, etc.
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I’ve been part of multiple board elections where the little people have deciding votes because a 3rd party institutional investor needs to rally the retail investors to oust the current board for environmental
crimesreasons.Having a vote is having control of capital … and they pay you for it with dividends too.
But it isn’t the same as if the entire working class had a collective say in the capital, not just those who choose to and have the resources to pay in. It isn’t the same as the workers of that company having a say in their working conditions, shift lengths, compensation, etc.