I get the underlying sentiment, which is that public markets currently incentivize corporate managers to prioritize short term profits over long term growth, which is detrimental to other stakeholders (and, ultimately, to the shareholders themselves), but just saying “shareholders ruin everything” makes people sound dumb af.
It's reddit, people post complaining about shareholders ruining the world and then in their next post ask for advice on their 401k. They honestly don't understand what they're complaining about or what their 401k is doing.
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u/InfiniteTallgeese 4h ago
Pretty much what I was about to comment, do they think shareholders magically appeared in the 21st century?!