[Henwood:]"Raising the incomes of the bottom 90 percent of the population through higher wages and public spending initiatives — stifled since Reagan starting putting the squeeze on them — could change that. But the stockholding class has resisted that, and they have a lot of political power."
That's assuminng the stockholding class has mental faculties. 50% of the Exxon-Mobil's stock is held by institutions with 0.16% held by insiders. The insiders make the decisions and only have to get institutional approval leaving the stockholders with less than optimal return on their investment. -- Ron
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