zlacker

Shareholders tend to be institutions whose charter is to maximize profit from the shares. An economic system that doesn't factor in human welfare is worth a thousand villains.

>>jampek+(OP)
As opposed to what? (National) Socialism was for the benefit of the working people on paper, but in practice that meant imprisoning, murdering and impoverishing anybody thought to be working against the people's welfare. Since this included most productive members of society it made everyone poorer anyway.

Human welfare is the domain of politics, not the economic system. The forces that are supposed to inject human welfare into economic decisions are the state through regulation, employees through negotiation and unions and civil society through the press.

>>thworp+Ti
In this case as opposed to e.g. a non-profit?

What you describe is indeed the liberal (as in liberalism) ideal of how societies should be structured. But what is supposed to happen is necessarily not what actually happens.

The state should be controlled by the population through democracy, but few would claim with a straight face that the economic power doesn't influence the state.