The feds are coming for John Deere over the right to repair

There was also a fatality in the last workplace strike.

Deere seems to have bad relations with their employees, customers, and regulatory bodies.

The shareholders should remove the board of directors.

https://www.desmoinesregister.com/story/money/business/2021/...

The shareholders don't care about any of that if they think the board did a decent job of propping up the stock price.

Firing a board is generally risky, and the shareholders probably haven't fired them because even though the board has, almost objectively, not been good - firing them is likely even worse for the stock short term, and there aren't a lot of long-term, active investors left in the world.

Tragedy of the commons is why short term is all that matters and will ever matter to non-ideological investors.

If an action that hurts the stock short-term but will help int he long-term needs to be performed why would you as an investor enact it or even stay for the ride?

You are better off either opposing it or selling your stock and then waiting to see if someone will enact the changes, then you have the "insider" information to know that the short-term stock drop was a good thing for the long-term and rebuy the shares cheaper.

> Tragedy of the commons is why short term is all that matters and will ever matter to non-ideological investors.

Tragedy of the commons was an ideological essay designed to justify privatization of public goods. It was disproven by data before it was published. I am sure there are some hyper specific examples where it has happened as described, but as a “fact” about the world and as a justification for any course of action, it’s highly suspect.

https://aeon.co/essays/the-tragedy-of-the-commons-is-a-false...

When the UK enclosed their fields so that they were privately controlled crop yield immediately went up 20%. Theres overwhelming empiric evidence of tragedy of the commons being real.