> we are also the collective shareholders (obviously not majority)
It's that 'not the majority' thing that's the fly in the ointment. I owe this claim a link, but most shareholders are part of the wealthy and/or the professional classes, skewing stock gains toward a few, and away from the many.
EDIT: Added link supporting claim. Per WP article, chart 'Stock ownership is heavily concentrated', top 20% of US households by wealth own 90% of stock, and even that's skewed heavily to the top.
It's that 'not the majority' thing that's the fly in the ointment. I owe this claim a link, but most shareholders are part of the wealthy and/or the professional classes, skewing stock gains toward a few, and away from the many.
EDIT: Added link supporting claim. Per WP article, chart 'Stock ownership is heavily concentrated', top 20% of US households by wealth own 90% of stock, and even that's skewed heavily to the top.
[0] https://www.washingtonpost.com/news/wonk/wp/2017/12/18/for-r...