Comment on ‘Front page of the internet’: how social media’s biggest user protest rocked Reddit

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discozombie@lemmy.world ⁨10⁩ ⁨months⁩ ago

Sort of along the same vein - as unions grew weak in Australia a different way to represent workers was needed. Industry Superannuation funds were created. Workers pay into these retirement funds which in turn invest in the companies. These funds now represent the investors interest in the companies the investors work at.

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