ChrisMayLA6,
@ChrisMayLA6@zirk.us avatar

The collective action issue in capitalism:

collective action by workers: bad, disrupts labour markets, undermines competitive pricing of labour.

collective action by investors, via stock markets & shareholding: vital to the workings of capitalism & must be protected & fostered at ever step.

It doesn't have to be this way, but it is.

fkamiah17,
@fkamiah17@toot.wales avatar

@ChrisMayLA6 Speaking of workers and their rights in a capitalist system, I guess you already saw this in the FT the other day?
No hope of any improvement from Keith.

#UKPolitics #WorkersRights #CapitalismKills

fifilamoura,
@fifilamoura@eldritch.cafe avatar

@ChrisMayLA6 Except when that collective action by shareholders is an attempt to get a corporation to make responsible environmental choices, then shareholders are "activists" and the enemy of the industry. Even the power of shareholders is largely illusory.

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