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> those gains may be captured by shareholders Then buy shares. Problem solved. I mean, this guy makes it sound as if holding shares was some trait that gets i
by grondilu 11y ago
> those gains may be captured by shareholders
Then buy shares. Problem solved.
I mean, this guy makes it sound as if holding shares was some trait that gets inherited at birth or something. It's (usually) not. Shares are bought, and since the area of massive unemployment he's talking about is not yet here, people currently mostly do have jobs thus money, so they could buy shares.
- wstrange 11y agoMost of us can not accumulate enough shares to make a meaningful difference. The corporate elite are gifted millions in shares/options. It's pretty difficult for someone making 30K a year to compete with that.
- MIKarlsen 11y agoAnd then there's risk...
- grondilu 11y agoWho said anything about competing with them? There are many, many shareholders who are just regular joes and will probably never become millionaires. The author whines about wealth going to shareholders. To me that just means that people should acquire shares. But of course, feel free to disagree and keep singing. When winter comes I'll watch you dance.
- vlehto 11y agoI share your capitalist/marxist attitude. Workers really should buy their share of the means of production. It would improve current situation by distributing profits. And it would drive down down profits of capital investment, because there is more money in the market. This doesn't completely solve the problem of wealth accumulation. I think inflation, inheritance tax and regulation against monopolies are still needed instruments.