That’s a bad take. The case actually affirmed business judgement rule: the idea that the guy running the company knows how to run it better than the shareholders. It’s part of why post-war America is considered the golden age of American manufacturing: Publicly traded companies invested in their employees and wages exploded across the board. A 100 year old court decision isn’t the primary driver on a problem that’s really only developed in the last forty or fifty years.
Walmart credit card. They don’t need to estimate when you willingly provide it.