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by ardy42
2782 days ago
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> That’s the thing. Anyone can be a shareholder of a corporation. There is nothing preventing anyone from buying shares. Are you serious? There's nothing preventing anyone from buying shares, except having lots of money to spare. The people include a great many who don't. That's the thing. Then you have things like share classes with massively disproportionate voting power and individuals with massively more money than is typical. The people aren't going to find representation and control through shareholding. > On a separate note, THE people already have democratic control over the most powerful organization in the land, their government. One difficulty with the current system is that the actions the people can take to influence the government are too remote from the use of that government's power, so in the end it does a poor job diffusing the "concentrated power" that the GGGP post was talking about. This is true especially in the present day, when that "concentrated power" has learned to wield its influence to blunt the people's electoral influence over the government. |
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