Crazy we even allow non-voting shares and multiple tiers of shares.
It has worked out very well for my portfolio for 20 years now.
Not really. We allow for a lot of ownership conditions.
The theory is that if an investor is under no compulsion to purchase shares that entitle them to no say in governance, so if they do so, they only have themselves to blame.
So much for theory!
America has always been a land of inequality..
Remember all men are created equal.. except in reality they werent, just ask the Blacks, natives, Chinese and all the others.
Even today how many average Americans can call the President and have a chat even once ?
i'm actually pretty okay with non-voting shares, it's super voting that are the issue