I think the stockholder model is precisely what it in fact is, even down to how your votes count by your number of shares. Crypto mining is not anything to do with organising the actions of a group. It is just participating in a lottery. I have seen attempts to argue that Steem was intended to be also a lottery, but this is wrong, because if it was, why have a voting system at all? Not that anyone with big SP is not entitled to do as they wish randomly distributing it.