>Suppose we waved a magic wand, and suddenly all of Disney's employees and shareholders were middle class people. Would that change Disney Inc's incentives around IP lobbying?
I'm not sure the shareholders are the actual issue, since it is Disney's concentration of wealth that allows it to change the laws (and gives it incentives to do so). It doesn't much matter who owns the wealth, since the chain from owner to actual employees carrying out the actions that change the laws ends up removing most impact of the share holders.
I'm not sure the shareholders are the actual issue, since it is Disney's concentration of wealth that allows it to change the laws (and gives it incentives to do so). It doesn't much matter who owns the wealth, since the chain from owner to actual employees carrying out the actions that change the laws ends up removing most impact of the share holders.