With the news about Walmart, Ford Motor Co., and others, it's clear that this is a trend — and it's being driven by right-wing extremists.
  • grue@lemmy.worldEnglish
    1·
    17 hours ago

    The company is mostly owned by institutional investors.

    This is an (unintentional) euphemism for “the company is mostly owned by regular middle-class folks via the mutual funds in their retirement accounts, but the Vanguard/Blackrock/Fidelity/etc. fund managers have stolen their shareholder voting rights.”