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How can publicly-traded companies have true democratic corporate governance?
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molave
reddthat.com
mo_lave@reddthat.com
Joined: 2023-06-13
Posted:   Subject: How can publicly-traded companies have true democratic corporate governance? Quote

In theory, a “publicly” traded entity can serve the common good. In reality, it more often than not is false. What are your thoughts on making it reality?

2   Original
jumping redditor [they/them]
sh.itjust.works

jumping_redditor@sh.itjust.works
Joined: 2023-07-30
#2 Posted:   Subject: Re: How can publicly-traded companies have true democratic co... Quote Reply

Many publicly traded companies are democraticic, you buy the right to vote when you buy a share of the company.

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molave
reddthat.com
mo_lave@reddthat.com
Joined: 2023-06-13
#3 Posted:   Subject: Re: How can publicly-traded companies have true democratic co... Quote Reply

Many publicly traded companies are democraticic, you buy the right to vote when you buy a share of the company.

Electoral ≠ Democratic. In current system, the person with the most shares has the most power.

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jumping redditor [they/them]
sh.itjust.works

jumping_redditor@sh.itjust.works
Joined: 2023-07-30
#4 Posted:   Subject: Re: How can publicly-traded companies have true democratic co... Quote Reply

Electoral ≠ Democratic. In current system, the person with the most shares has the most power.

each share is a person

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