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Shareholder value never should have been “everything” in the first place. There was a time when corporations were stewards of the public good — and somewhere along the way greed became the end all be all. https://www.nytimes.com/2019/08/19/business/business-roundtable-ceos-corporations.html …
In the same way our government forgot its role in promoting the general welfare and instead prioritizes the needs of capital over all else. Balance across the board must be restored if we are to maximize the full value of both capitalism and democracy.
Do they mean it, though? First step - stop compensating CEO's with stock, options, or tie their salary or bonuses in any way, with company stock value.
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