The way voting works in corporations, each share gets one vote, so if someone owns 27 million shares (like a major bank), they control millions of votes while a worker with 11 shares controls 11 votes, making it mathematically impossible for ordinary shareholders to influence corporate elections.

factualpending

Speaker

Richard Wolff

Evidence Quote

If you are Chase Manhattan Bank and you own for your various accounts 27 million shares, then the vice president you send to the annual meeting of the shareholders votes to 20 million shares

Source

Democracy at Work: Curing Capitalism | Richard Wolff | Talks at GoogleTalks at Google
Created: 8/11/2026, 1:07:20 AM

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