According to WSJ* index funds currently hold about 5% of the US stock market, and it seems likely that share will grow. How in the hell do you hold shareholders accountable under a system like that? This seems like a big problem already, and only likely to get worse as direct ownership gets more and more convoluted and obscured by various investment systems. I don't have any suggestions for a fix unfortunately :(

*https://www.wsj.com/articles/index-funds-are-the-new-kings-o...