this post was submitted on 09 Sep 2026
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Work Reform

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[โ€“] IronBird@lemmy.world 3 points 1 day ago* (last edited 1 day ago) (1 children)

eh, biggest misunderstanding the left has is that anyone actually gives a fuck about shareholders. unless you have a 10%+ stake nobody gives a fuck about you as a shareholder, they exist to hold bags. and with how the US casino is setup specifically, ultimately price action is dictated by whoever has the most $ at play (with the lowest cost average, and assuming fundementals don't assert themselves). so there's no way workers ever meaningfully effect the stock price outside of a proper strike

what workers need to do is learn the value of their labor...which is why US oligarchs have spent so much effort the last 5 decades killing public education (and before that, they designed it around growing compliant factory workers). stupid/purposefully misinformed people are easy to control

What I mean is that workers have to implement strategies where bad working conditions have definite negative effect on company valuation.