Better Offline

The Shareholder Supremacy

July 10, 2024

In this episode, Ed Zitron tracks the history of the growth-at-all-costs rot economy to a court case in 1916 that established the Shareholder Supremacy, and set the terms for General Electric's Jack Welch to fundamentally break capitalism, an era where companies moved away from building lasting, sustainable companies that created things and instead began focusing on pleasing shareholders - and how it leads to today's terrible tech companies and leaders.

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