“Public companies” are owned by private individuals, you absolute dingus. Being for sale means private. They belong to specific persons and organizations.
Who owns the Post Office? Nobody, because it’s a public utility.
Who owns Johnson & Johnson? The shareholders. That’s what they’re holding. That’s what they bought. That’s what the money was for. Because being “a public corporation” only means any rando can participate in that textbook fucking definition of capitalism.
It’s a joint-stock company! That is what defines the advent of capitalism!
Do yourself a favor (slrpnk.net)
31 October 2023 (sh.itjust.works)
Its getting old. (lemmy.ml)