[Chgogal]

WTF!

I have no words! The Marxists are insane and ANYONE who votes Democrat is beyond stupid.

Shareholders risk their after tax income and invest in firms they deem worthy. Companies take that money and invest in the company to grow. What the heck is Biden talking about?

[kearnyirish2]

Biden is speaking to the permanent underclass that doesn’t believe it will ever accumulate wealth; they are dependent on wealth transfers from taxpayers via the gubmint, without the slightest concern as to where those funds originate.

Gibsmedats aren’t analytical people.

[The Pack Knight]

“It’s way past time to put the end to the era of shareholder capitalism. The idea the only responsibility a corporation has is its shareholders — that is simply not true, it’s an absolute farce. They have a responsibility to their workers, their community, to their country.”

Unfortunately, there are few left who will point out how morally wrong this is. The corporation doesn’t belong to the workers, community, and country. It belongs to the shareholders. Running the corporation for the benefit of non-shareholders is simply theft.

[Mr. Jeeves]

Shareholders risk their after tax income and invest in firms they deem worthy. Companies take that money and invest in the company to grow. What the heck is Biden talking about?

Shareholders risk their after tax income and invest in firms they deem worthy. Companies take that money and invest in the company to grow. The government has no direct control over the process. That is what Biden is talking about.

An immediate effect will be even stronger favoritism toward the software and media companies local governments and Democrats love so much. Manufacturing, mining, agriculture, or anything else that generates actual wealth but is "dirty" will have to be done offshore.