Intensified reporting requirements, higher litigation expenses, costly regulations, overbearing board governance, shareholder activism, heightened public scrutiny and the pressure of quarterly earnings have driven companies away from public markets.

Then:

This seems to be yet another chapter in the ongoing saga by which the cultural and economic dominance of blue-state institutions diminishes as progressives undermine their own position through a combination of overreach, arrogance, naivete and myopia.

Lmao a logical conclusion. Certainly not a political opinion in search of an argument lol