Path: csiph.com!eternal-september.org!feeder.eternal-september.org!nntp.eternal-september.org!eternal-september.org!.POSTED!not-for-mail From: John Ames Newsgroups: comp.os.linux.misc,alt.comp.os.windows-11 Subject: Re: Shareholder primacy (was: Re: The "Standards" Game) Date: Thu, 4 Dec 2025 08:06:18 -0800 Organization: A noiseless patient Spider Lines: 14 Message-ID: <20251204080618.0000167d@gmail.com> References: <106mke5$1di32$1@dont-email.me> <10gekqm$39ian$3@dont-email.me> <10gh60o$83hq$4@dont-email.me> <8F_WQ.75605$TwW8.61488@fx13.iad> <10gislv$sv5d$1@dont-email.me> <10gjnqp$163o1$3@dont-email.me> <10gjpuv$163o1$5@dont-email.me> <10gju98$1934g$1@dont-email.me> <10gnj81$2l66v$2@dont-email.me> <10gqjh4$3pve8$1@dont-email.me> MIME-Version: 1.0 Content-Type: text/plain; charset=US-ASCII Content-Transfer-Encoding: 7bit Injection-Date: Thu, 04 Dec 2025 16:06:23 +0000 (UTC) Injection-Info: dont-email.me; posting-host="12fdbfe2ea788172b16603fc474c96bb"; logging-data="446388"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1/SjfLMz5TS9t1pAbaRCPppvZuH7wQ2ycE=" Cancel-Lock: sha1:TKxlCmde9Wi+gtuLKgBnDbaYLOA= X-Newsreader: Claws Mail 4.3.0 (GTK 3.24.42; x86_64-w64-mingw32) Xref: csiph.com comp.os.linux.misc:78287 alt.comp.os.windows-11:27921 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/