I'm not arguing that PoS honors the wishes of the tiny stakeholders. PoS honors the wishes of the dominate stakeholders. They set policy.
And what is the game theory of that then. There is an Iron Law of Political Economics which insures the dominate stakeholders will steal everything from the collective. And they are doing it right now to all you in Bitshares. Mark my word. I will laughing at you later.
Probably better to just ignore TPTB than laugh. They've been warned. What else can we do?
It's also not really fair to single out Bitshares, the other systems are no different.