[nokcha]

Most individual shareholders (especially those who just buy index funds) have neither knowledge of corporate wrongdoings nor, in practice, power to prevent them. A better model would be holding accountable the particular individuals with power and responsibility, such as in the Volkswagen emissions case where Germany criminally prosecuted executives involved in the fraud.

[mrguyorama]

I don't care. If you want to get %5 yearly gains from stocks, then fucking educate yourself on your investments. If that's too much effort for the average person, maybe we shouldn't design our economy around requiring the average person to basically gamble with their income to hopefully have a nest egg for retirement.

[loa_in_]

Why kick the can. Index funds are operated by someone, right?