I feel like we’ve gone a long way down the the rabbit hole from the point I was trying to make.

These idea of an “owner class” at fault is wrong, because it’s really the pension investment funds of normal people who don’t control their investments directly. Those funds are legally required to buy stocks which are listed on indexes, and all other decisions of what to buy are the fund managers.

It’s the investment banking and finance industry that control where the money goes.