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You forget that if companies win we win by higher interest rates on bank accounts and higher stock prices.
by witty_username 10y ago
You forget that if companies win we win by higher interest rates on bank accounts and higher stock prices.
- Latty 10y agoWho is "we"? People who already have wealth? Sure.
- witty_username 10y agoNo, "we" means anyone invested in those companies who make gains or who has loaned money to those companies (which could occur through your bank account).
- Latty 10y agoSure, which means people with wealth already. The more wealth the more you will benefit. Someone with no money to invest (directly or indirectly through savings accounts) can't benefit. So, instead of getting paid well, we should be happy with companies indirectly contributing a little to us through their succcess? Sounds like a great excuse for people in the middle to skim a cut. Look - I'm not saying I don't see the value of business, but that doesn't mean we should just let businesses do whatever the hell they want because them doing well benefits their owners/investors (direct and indirect).