Half of recent US inflation due to high corporate profits, report finds

[PatrickforB]

39. Well, I've said it and said it! Under our current legal doctrine of 'shareholder primacy,' the ONLY fiduciary

responsibility of the C-Suite parasites in any publicly traded company is to generate profits for shareholders. That is IT.

Want to change that? Then we need to FORCE and then ENFORCE a small change to the rules of corporate governance here in the United States.

We need to impose a stakeholder approach to corporate governance whereby the interests of truth (in publicly traded media), the environment, workers and consumers are held to have equal weight with shareholder profits. Also, CEO and other C-Suite 'earnings' needs to be capped. It is obscene that these parasites who supposedly add so much 'value' make over 300X what their average worker makes in some cases. Just an offense against common decency.

Do this and we solve a plethora of problems.