When you conflate the two objectives of profit and social decision-making, you're implicitly encouraging people to sell out their values. That's not democratic.
This is also a problem when the government takes money from some and gives to others. A socially conservative union member may vote democratic because he wishes for the government to restrict the rights of his employer and transfer wealth from customers to him. A social liberal working for a defense contract might vote republican because he wishes for the government to transfer wealth to his employer (and indirectly to him).
Anytime the government transfers wealth from some to others, it implicitly encourages people to sell out their values. I don't see why it is more of a problem for shareholders than for union members, people on social security/welfare/unemployment, or employees of corporations.
This is also a problem when the government takes money from some and gives to others. A socially conservative union member may vote democratic because he wishes for the government to restrict the rights of his employer and transfer wealth from customers to him. A social liberal working for a defense contract might vote republican because he wishes for the government to transfer wealth to his employer (and indirectly to him).
Anytime the government transfers wealth from some to others, it implicitly encourages people to sell out their values. I don't see why it is more of a problem for shareholders than for union members, people on social security/welfare/unemployment, or employees of corporations.