Yeah it’s usually a huge shift when a company goes public, and then their sole and highest priority is quarterly increase in profits to increase shareholder value, which generally means enshittification of everything to make a few more cents on the dollar.
So to add to your regulations, I think a “slow burn” version of the stock market needs to exist. Rather than hyper quant AI hedge fund trading by the second, stock purchases should be a required hold for a period of time, like a bond. If you truly believe in the company, you believe in its more long term growth than tomorrow’s trade show or that one tweet that Elon made.
It shouldn’t be legal for the interest of shareholders to outweigh the interest of stakeholders. Companies need to be beholden to stakeholders only; while shareholders are a part of the stakeholders in a company, their interests should be equal to each of the other stakeholders.
I agree, stocks don’t need to be short term investments that people can day trade to game.
Also, the millionaires and billionaires that own stock should be forced to sell their shares instead of being allowed to use their stock as collateral. These people can evade paying taxes on their money for their whole lives while still gaining the effects of actually using that money since the stock doesn’t need to be sold to be useable.
Yeah it’s usually a huge shift when a company goes public, and then their sole and highest priority is quarterly increase in profits to increase shareholder value, which generally means enshittification of everything to make a few more cents on the dollar.
So to add to your regulations, I think a “slow burn” version of the stock market needs to exist. Rather than hyper quant AI hedge fund trading by the second, stock purchases should be a required hold for a period of time, like a bond. If you truly believe in the company, you believe in its more long term growth than tomorrow’s trade show or that one tweet that Elon made.
It shouldn’t be legal for the interest of shareholders to outweigh the interest of stakeholders. Companies need to be beholden to stakeholders only; while shareholders are a part of the stakeholders in a company, their interests should be equal to each of the other stakeholders.
I agree, stocks don’t need to be short term investments that people can day trade to game.
Also, the millionaires and billionaires that own stock should be forced to sell their shares instead of being allowed to use their stock as collateral. These people can evade paying taxes on their money for their whole lives while still gaining the effects of actually using that money since the stock doesn’t need to be sold to be useable.