Discover and read the best of Twitter Threads about #assetmanagercapitalism

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We are living in an era of *extremely weird capitalism*. US capitalism is understood as a system where execs are rewarded with stock,so they'll maximize returns to shareholders, who are so dispersed that they struggle to control companies by voting their stock. 1/
If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/03/17/sha… 2/
The potted history of this system goes like this: Gilded Age robber barons were *horizontal* tyrants, monopolizing single industries. Trustbusters broke this up, wealth was more dispersed, and households took the fore. 3/ A chart entitled 'Hallmarks...
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