this post was submitted on 13 Oct 2023
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Free and Open Source Software
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I agree. What do you think would help?
I have heard of a law or precedent that put CEOs under the reign of the shareholders instead of the company, customer and society.
Do you happen to know what legislation did that change? Maybe that needs to be overturned.
Edit: I found at least the term. It is called shareholder primacy.
I don't know what law that is. It's also going to be different under different jurisdictions. Frankly though, I believe that the shareholder-driven megacorps are a lost cost for the entire society - be that providing good printers or not dumping CO2 in the atmosphere and causing a mass extinction event.
We need a different type of economy - one that is neither communist nor hyper capitalist (like the one responsible for the current conundrum). One where normal people are involved in production of high tech products. The FOSS ecosystem is a good example of it. We need something similar in all areas.
I begin to really like you! Probably the first person I have ever heard say that except myself. The open source community is pretty much the first one that is 100% stakeholder value (the people who use it, make it, more or less).
I figure that should be the same everywhere. No single figure that bankrolls a bunch of people and gets filthy rich while they barely get by.
Precisely!