“Essentially these stockholders, though still politely called "owners", are passive. They have the right to receive only. The condition of their being is that they do not interfere in management.”

— Adolf A. Berle

Source: Power Without Property, 1959, p. 73; As cited in: Martin Sicker (2002) The Political Economy of Work in the 21st Century. p. 144.

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Adolf A. Berle14

American diplomat 1895–1971

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Adolf A. Berle (1895–1971) American diplomat

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“Essentially these stockholders, though still politely called "owners", are passive. They have the right to receive only. The condition of their being is that they do not interfere in management.”

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