How do we kill the cult of shareholder value that's been destroying our economy lately?

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Anonymous Wed Aug 12 10:47:52 2015 No.850461 [Reply] [Original]

How do we kill the cult of shareholder value that's been destroying our economy lately?

>>	Anonymous Wed Aug 12 10:49:37 2015 No.850463 File: 50 KB, 640x480, 1435239297080.jpg [View same] [iqdb] [saucenao] [google] >>850461 What?

Anonymous Wed Aug 12 10:51:35 2015 No.850464

>>850463
http://www.forbes.com/sites/stevedenning/2015/02/05/salesforce-ceo-slams-the-worlds-dumbest-idea-maximizing-shareholder-value/

http://www.extremetech.com/computing/210758-qualcomm-will-lay-off-15-of-its-workforce-succumbs-to-cult-of-shareholder-value

https://www.washingtonpost.com/news/wonkblog/wp/2013/09/09/how-the-cult-of-shareholder-value-wrecked-american-business/

>>	Anonymous Wed Aug 12 11:38:39 2015 No.850519 >>850461 This is stupid. Do you think business owners should run the business just for fun?

Anonymous Wed Aug 12 11:49:47 2015 No.850535

CEO faggots saying this shit should be thrown off the tallest building for the lolz. YOUR STOCKHOLDERS OWN YOUR BUSINESS. If you don't like that, raise your own fucking funds. Buy back your shares and go private. Or better yet, go work for a private firm. I hope the Icahns of the world make their anuses bleed.

>>	Anonymous Wed Aug 12 11:59:05 2015 No.850542 >>850519 >>850535 >look guys, I just liquidated a massively profitable business and fired all of the employees, creating billions in shareholder value >dividends for everyone!!!

>>	Anonymous Wed Aug 12 12:20:44 2015 No.850567 >>850542 Have a nice time investing in that company that that doesn't pay you back then. I invest for value. That also means I want long term value. I'm not investing for CEOs to fly around in jets and play God. Fucking produce or GTFO.

Anonymous Wed Aug 12 13:45:31 2015 No.850645

It's absolute insanity I agree but our structure is built off of this model. It would take a systematic collapse and a psychological reevaluation of society to move away from our current perverse profit model to something that values people and progress.

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