• skisnow@lemmy.ca
    link
    fedilink
    English
    arrow-up
    6
    ·
    13 days ago

    Also if you’re not participating in shareholders meetings, proposing resolutions and voting on them, then you’re not even really owning the stock in any meaningful way. You’re just holding a virtual piece of paper hoping the number goes up.

    Don’t know if they’re still doing it but a small IBM shareholder used to annually table a motion that all payments to political parties and individuals be explained, and the board kept recommending a “No” vote.

    • punkisundead [they/them]@slrpnk.net
      link
      fedilink
      English
      arrow-up
      3
      ·
      12 days ago

      Why are those share holder meetings the important part of “owning the stock” to you? Aren’t people owing stock because they want dividends or because they expect the value to increase? Isnt profit them main motivation? With profit being reliant on workers and earth exploitation?