[SliderUp]

If you can't see that in the main, using Shareholder Value as the main driver of corporate behavior is a bad thing, well, sorry.

In a society where society provides infrastructure, defense, etc, corporations should have a trio of responsibilities.

1) Shareholder (including primarily stock compensated executives) returns

2) Employee (non primarily stock compensated) pay, benefits, and well-being.

3) Society.

American capitalism has embraced #1 to the exclusion of all else, enabled by lax labor laws, corporate tax loopholes, and lower capitol gains taxing. ¯\_(ツ)_/¯

[smabie]

I didn’t mention anything after his first sentence. I’m not going to get into shareholder value, but I will get into his flippant disregard of the most important discoveries of finance.