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   Message 2,885 of 4,852   
   Chris Ahlstrom to John Ames   
   Re: Shareholder primacy   
   04 Dec 25 14:36:34   
   
   XPost: comp.os.linux.misc   
   From: OFeem1987@teleworm.us   
      
   John Ames wrote this post by blinking in Morse code:   
      
   > On Thu, 04 Dec 2025 00:10:10 +0000   
   > Nuno Silva  wrote:   
   >   
   >> Did you mean "a business *had*"? Isn't this ("shareholder primacy")   
   >> pretty much of a misconception these days, except for a small number   
   >> of jurisdictions?   
   >   
   > In the US, anyway, the court decisions responsible for establishing the   
   > notion didn't even set it out as legally binding. Unfortunately, it's   
   > been treated as if it *were* ever since, and has been running rampant   
   > in American corporate culture for decades now, to absolutely disastrous   
   > effect. Ed Zitron has a pretty good writeup on how all that transpired:   
   >   
   > https://www.wheresyoured.at/tss/   
      
   An interesting article. Downloaded to read the rest at my leisure.   
      
      "Thanks, Jack [Welch, of General Electric]! I hope Hell exists   
      if only for you to burn there along with Ronald Reagan."   
      
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