this post was submitted on 08 Jul 2025
799 points (98.3% liked)
Technology
72688 readers
1697 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The amount of power shareholders hold over every major (American) enterprise isn’t talked about in a way that presents a clear problem between increasingly expensive and shitty services, layoffs, anti-worker practices, political corruption and these shareholder groups. C-suite are part of this group but they’re also afraid of removal via hostile board takeovers and so easily justify acquiescing to shareholder demands. Perhaps it’s because the same investors hold the same sway over (American) media with the added benefit of using it to brand themselves as exceptional leaders. Lots to untangle there…
Sounds like some deliberately obscure concentrations of power.
The fear bit is really problematic though as scared people are not ideal decision makers.