‘But the laaaaaaaw!’
Ignoring ethics is why you’re wrong about this. Nobody’s arguing non-existence - and you can’t win an argument against nobody. The issue is something else, as I’ve repeatedly explained to you, but alas, you are functionally illiterate.
Shareholders own the company. Their private ownership is only “public” in that they can sell off their share, to anyone.
It’s a joint-stock company. Of course that’s capitalism. Jesus fucking Christ.