Well good news… you don’t have to fucking answer to stockholders. That’s a fucking lie perpetrated by Harvard Business sociopaths and their bootlicking bitchboys.
All you have to do is what’s in the best interest of the business. If someone doesn’t like it they can sell the fucking stock.
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It’s not a billionaire problem. It’s a SOCIOPATH problem. The kind of people that come up with terms like “human capital” aren’t the ones sitting on the board of directors or in the C-suite. They’re the “consultant” types whose entire job consists of selling other people their opinions. Take for example Irving Fisher, who is credited with the term “human capital.” Know what else he was into? Motherfucking eugenics, because of course he was.
That’s the real problem, and it’s one that exists across every socioeconomic class. The asshole will always win because everyone just wants to shuffle them off to be Someone Else’s Problem. Eventually said asshole will attain a position well above their actual capacity for value and their lack of mental acuity will appeal to similarly ill-tempered douchebags, creating a cultlike following.
Figure out how to solve the sociopath problem.
The billionaire problem is easy. Bring back the 90% margin and add another 99% one to those earning over, say, a billion in a year.
This, of course, for a given value of “easy.”
Given their history of freaking out, breaking things, then weeks later totally reversing their decision… it’s clear that lemmy.world is not run by grown-ass adults. They drama freakout over way too much stuff.
And yet that’s how it works, because business is not a linear thing. Do you have any idea how long “MUXEMOOSE PROOFITS!!!” types have been whining about the price of Costco’s hot dog?