• milicent_bystandr@lemm.ee
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    5 hours ago

    Shareholders own the business; workers, even the ceo, technically, work for the shareholders to create profit. The authority of the directors to direct comes from the shareholders who own.

    Sure, if you own 0.00001% of a business, you can’t do much if 99% want profit made in a particular way (or “in whatever most profitable way”), but you still own that 0.000001%; 0.000001% of the work and profit is done for you.