• MotoAsh@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    9 months ago

    You do not get any access to the company’s resources. There is no dollar sitting in company coffers for your dollar of investment. You don’t get to decide what that money does what so evwr, and its value is speculative on the performance.

    That is far, far, far removed from owning or controlling any part of a company’s capital.

    • metaStatic@kbin.social
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      9 months ago

      I’ve been part of multiple board elections where the little people have deciding votes because a 3rd party institutional investor needs to rally the retail investors to oust the current board for environmental crimes reasons.

      Having a vote is having control of capital … and they pay you for it with dividends too.

      • GivingEuropeASpook
        link
        fedilink
        English
        arrow-up
        1
        ·
        9 months ago

        But it isn’t the same as if the entire working class had a collective say in the capital, not just those who choose to and have the resources to pay in. It isn’t the same as the workers of that company having a say in their working conditions, shift lengths, compensation, etc.