Index funds contribute to market melt-ups and meltdowns
I don't see how this works. At least not explained by the article. Index funds aren't selling often, so how exactly is "selling begetting selling" with index funds?
Index funds reduce the quality of stock analysis
This one seems to just be saying, "active managers still can't compete." Uh, sorry? If anything, as more people get pushed into index funds because they perform better, it should open active managers to be able to find pockets of performance. That they still can't do so isn't the fault of index funds, it's just an indictment of how hard it is to "analyze" stocks and pick winners.
Index funds contribute to poor corporate governance
This one has been covered a lot lately, but the idea that somehow active fund managers have better interests for us than index fund managers is laughable. Heck, why do we believe corporate governance is somehow a net positive by stock holder opinions anyway? Do I, as an individual investor, really know better than the people on the board?
The investing angle
This one didn't even have a negative. In fact, it kind of disputes the point above about stock analysis. Index funds should allow for arbitrage. It seems like in this case it worked out, but somehow in the examples above it's a negative?
The ultra-contrarian angle
This just seems to be trying to appeal to emotion that we're somehow harming active managers and we should pity them? Good luck with that.
All in all, this just seems like another garbage article. Active fund managers don't like that index funds are not only cheaper, but out perform them. So of course we'll start seeing articles about how index investing is just the worst. I see it as similar to the amount of articles we're seeing lately that "FIRE isn't reasonable." It's a threat to people's livelihoods, so of course they're going to try to downplay them.