Last month, ExxonMobil sued two of its “activist investors” — groups that try to use shareholder resolutions to pressure companies into taking action on social and environmental problems — in an attempt to block a proposal for the oil giant to limit its climate pollution from coming to a vote at an upcoming shareholder meeting. […]
What happened to private property rights, Exxon? If the shareholders want to shut down the company to protect the rest of their portfolio, shouldn’t they have that right according to capitalist ideology?
Oh, no. It’s only capitalism if we are transferring wealth upwards and destroying the planet. Anything else political.