average US corpo is just 1 vote 1 share, just right there it’s more equal representation than the US government has been for it’s entire existence.
And an individual can hold multiple shares. So some have more votes than others. That’s not democratic in any way.
throw in shit like recalling/installing new c-suites etc.
That’s a lot harder than you make it sound. That dysfunction is the main executive pay relative to performance has massively inflated over the years: accountability to shareholders in matters of compensation is piss-poor.
And an individual can hold multiple shares. So some have more votes than others. That’s not democratic in any way.
That’s a lot harder than you make it sound. That dysfunction is the main executive pay relative to performance has massively inflated over the years: accountability to shareholders in matters of compensation is piss-poor.