Everybody talks about the weather …

posted by
September 26, 2016
The Libertarian Enterprise
by Eric Oppen  
Posted in 2AM Commentary, Commentary

"In Rules for Radicals, Saul Alinsky suggested that people who wanted to effect change in corporate policy (mainly hiring more blacks and other minorities) buy shares in those corporations. Every share has a vote, and these votes can be assigned to another person to vote. The stockholder retains ownership, and receives whatever dividends the stock is paying, but his or her 'proxy' casts votes at the shareholders' meeting as directed. ... I've reflected that if libertarians (and conservatives; we both suffer from biassed [sic] reporting) merely put some money aside each month and used it to buy shares in the major media conglomerates, we could get them to change their policies in a hurry." (09/25/16)

http://ncc-1776.org/tle2016/tle891-20160925-03.html  
  • dL

    “In Rules for Radicals, Saul Alinsky suggested that people who wanted to effect change in corporate policy (mainly hiring more blacks and other minorities) buy shares in those corporations. Every share has a vote, and these votes can be assigned to another person to vote. ”

    1980s hostile corporate takeover boom spurred quite a bit of corporate management legal protectionism that more or less stuck a knife in any power of shareholder democracy. Quaint notion for the most part these days…

    • Yeah, but the shareholder/proxy thing still has SOME value. Since all shareholders are entitled to attend the annual shareholder meeting, even if you can’t prevail on a vote, you can spread those proxies out, one share each, between a shitload of hellraising agitators who have to be let in.

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