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The shareholder of big companies is usually other big companies, universities, or… the people. The people own these things by way of retirement funds, savings accounts, CDs, index funds, etc. It’s just that they are often unaware.

The financial industry definitely has outsized power and charges excessive fees but the situation is not at all as simple as the financial industry owning everything. It’s a complicated web of ownership with finance being deeply embedded within it and controlling a lot of the hubs of the network effect.