Shareholders vs Employees The real threat to U.S. jobs comes from shareholders rather than immigrants or robots, according to Transform Finance co-founder Andrea Armeni and Center for Sustainable Business director Tensie Whelan. They write for Fortune: "Under shareholder capitalism, the U.S. labor force has become a liability…To help American workers and shareholders, we suggest asset managers and owners move to reject shareholder primacy and embrace stakeholder capitalism, invest in positive approaches to quality employment, and help workers regain a voice in corporate decision-making." Fortune
So socialism? I am so old I can remember when Fortune was a semi respected business publication. Now they have writers who believe this?