• Neuromancer@lemm.ee
      link
      fedilink
      arrow-up
      2
      arrow-down
      16
      ·
      1 year ago

      Yes. Since pension plans are some the largest shareholders. People don’t understand who shareholders really are. They think they’re some mythical person when really it’s pension funds.

      • Nudding@lemmy.world
        link
        fedilink
        arrow-up
        8
        arrow-down
        2
        ·
        1 year ago

        No. We’re talking about controlling shareholders. Board members, executives, etc. Good try though.

        • Neuromancer@lemm.ee
          link
          fedilink
          arrow-up
          2
          arrow-down
          10
          ·
          1 year ago

          Is there a mouse in your pocket? We are not talking about anything.

          The largest shareholders are pension/retirement funds.

          I get you want to screw the unions but grow up.

          • Nudding@lemmy.world
            link
            fedilink
            arrow-up
            6
            arrow-down
            2
            ·
            1 year ago

            Uhh… No, I’m very pro union. We aren’t talking about the same thing. Have a nice day.

            • Neuromancer@lemm.ee
              link
              fedilink
              arrow-up
              2
              arrow-down
              4
              ·
              1 year ago

              Very pro-union but you have no clue how the system works. I’ll leave you with this to educate you on why shareholder value is important. Most my family is retired uaw and I like you they know their pension plan and medical plans are funded from shareholder value.

              So instead of being an edge lord. Learn how the system works. Union families don’t find you wishing them harm so funny.

              https://www.uawtrust.org/AdminCenter/Library.Files/Media/501/Trust Documents/Docs/Summary Annual Report/2020SAR-gm.pdf

              • Nudding@lemmy.world
                link
                fedilink
                arrow-up
                2
                arrow-down
                2
                ·
                1 year ago

                ??? Dude I don’t know what to tell you? When people say think of the shareholders they aren’t taking about mom and pop who were gifted shares with no ability to control the direction of the company, they’re talking about the scumbags doing buybacks, making short sighted business decisions which lead to the companies enshittification, etc. If you’re too stupid to differentiate between the two, then I’m sorry for you and your union family ✌️

                • Neuromancer@lemm.ee
                  link
                  fedilink
                  arrow-up
                  1
                  arrow-down
                  3
                  ·
                  1 year ago

                  When people say that they just show they don’t get how the system works and they’re not union members.

                  I just cited you where their medical retirement fund is gasp funded by shareholder value.

                  I get you hate unions or just lack the knowledge to see how stupid phrases don’t help.

                  Buybacks help the union as it increases their funds for pensions and medical care. I’m against them but to deny they help the union is just stating you don’t get the symbiotic relationship they have together.

                  • Nudding@lemmy.world
                    link
                    fedilink
                    arrow-up
                    1
                    ·
                    1 year ago

                    Let me put it another way, fuck the shareholders. If you think that includes your union family members too, that’s your problem, as I’ve said. Again, goodbye