As corporations automate, might the artificial intelligence of a “perfect profit machine” simply decide to stop distributing profits to human owners?
Shareholder primacy is the idea that the primary purpose of a commercial enterprise is to maximize returns for its shareholders. This premise is the primary tenet of modern extractive capitalism.
Shareholder Value: “the dumbest idea in the world”
The Role the Stock Market Plays in Concentrating Wealth in the U.S.