Share Power : How ordinary people can change the way that capitalism works - and make money too

Should companies care about climate change? Should they be vanquishing the gender pay gap and advancing human rights in their supply chains? And if we think they should - can we, as ordinary people, bring out these sorts of changes? The answer is, technically, yes. In the UK, the majority of us now own shares in listed companies - whether that be through a stock and share ISA, a self-made investment or a work pension scheme. What few people know is that every share comes with a vote in company decisions, over everything from executive pay to corporate strategy.

So far, though, only a very few of us get a say on how it is run. That needs to change - and can change. Recent events have shown that ordinary people do have the power to change capitalism.

Just take the millions of amateur investors taking on Wall Street pros to drive up the price of loss-making video game retailer GameStop, or social media users buying up the shares of struggling theatre chains. The technology exists to allow us to vote with our shares - all we need to do is learn how to use it. In Taking Stock, Merryn Somerset Webb, Editor in Chief of MoneyWeek, takes us deep into the world of corporate capitalism - from the privatisation of state-owned companies in the 1980s to the financial crash of 2008 and the growth of the modern multinational - to show us how capitalism went wrong and how, with 10 simple recommendations, every one of us now has the power to make it work for us.

Author: Merryn Somerset Webb

Format: Hardback

Publication Date: 20 January 2022

Pages: 208

ISBN: 9781780725192 Category: Business & Finance & Law Tags: Business & management, Economics, finance, Personal Finance

Share Power : How ordinary people can change the way that capitalism works - and make money too

Name: Share Power : How ordinary people can change the way that capitalism works - and make money too
SKU: 9781780725192
Availability: BackOrder