Not sure the problem is your sister, as much as it is your conflating the fediverse with Lemmy. As others have mentioned, the appropriate response here seems to be a link to Pixelfed rather than frustration at someone using social media differently than you. You wouldn’t try to force an IG user to join Reddit if that’s not their thing.
Why not instead have public and/or worker ownership of stocks, as the Meidner plan proposed, or in the form of a Social Wealth Fund as Matt Bruenig at the People’s Policy Project has suggested? This give people both democratic control and socializes the profits. As long as we have corporations, having them owned either by the public or by their workers (in the form of cooperatives) seems like the way to go.
First, they make the proceedings private: there’s no public record of the proceedings or verdict, and even if you win there’s no precedent that others can use. The for-profit nature of the arbitrator (much or even most of whose business comes from corporate clients) represents a conflict of interest.
Second, they isolate the plaintiff: you can’t sue as part of a class action, so no lawyer can represent a group of similarly wronged people in exchange for a percentage of any verdict. This means you have to pay for your own lawyer, which many people can’t afford to do and even if you can it may not be worth it if the damage is small enough.
Together, these issues massively favor business and employers that include these clauses in contracts, as reflected in both win rates for corporations as well the number of cases brought against them versus in open court.
Wasn’t a major tranche of Softbank’s funding contingent on their being able to do this? They might be broke a lot sooner than people thought without it…
What do you have against Adam Conover, a certified member of the reality-based community and someone who has spent much of his career fighting on the side of facts against myth and misinformation?
That’s literally the point of the article?