Hi all,
I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.
If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.
Cheers!
Free market capitalism is inherently about generating wealth for stakeholders and externalizing the social and environmental costs. It’s basically how the entire system works.
You are misusing terms, a stakeholder is anyone affected by a company’s actions while a shareholder is anyone with ownership in a company. All shareholders are stakeholders, not all stakeholders are shareholders.
I was using the term in it’s original sense, i.e. investors, employees, and suppliers.
I didn’t want to say “shareholders” because not all businesses offer shares.