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submitted 4 days ago by The_Picard_Maneuver@lemmy.world to c/curatedtumblr@sh.itjust.works

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[–] evasive_chimpanzee@lemmy.world 9 points 3 days ago (1 children)

I never understood how special shares were legal. I mean, I do understand that it's because the ownership class wants it that way, but it's insane.

It's literally letting people have their cake of controlling a company while eating it by selling the company off simultaneously.

[–] PyroNeurosis@sopuli.xyz 2 points 3 days ago

Some special shares are cheaper, but you don't get a vote. Those shares are for the sort that just wanna ride the corporate wave without any "guilt".