You know those corporations you hate so much? Do you own stock in them, and do you vote at shareholders’ meetings? No? Then shouldn’t you stop complaining?
Every year, corporations hold shareholders’ meetings at which new boards of directors are elected. It’s easy to make your voice heard. All you have do to is own a share of stock. Some companies probably even allow you to mail in your ballots or appoint proxies to cast your vote for you.
If you aren’t exercising your right to vote in a shareholders’ meeting, then you are forfeiting an opportunity to make your voice heard. And aren’t you just making excuses if you’re saying “one vote won’t matter” or “what’s my one share going to do when there are institutional investors that own hundreds of thousands if not millions of shares that will drown out my vote” or “the people who will get elected are just members of an Old Boys’ Club”?
Thanks to fact that there are formal markets for shares of ownership in business enterprises, we have the opportunity to make our voices heard when we vote at shareholders’ meetings. Thousands, indeed millions, of us don’t take advantage of that opportunity. But couldn’t yours be the vote that makes the difference?