4 ms·
Take it further. Why are you a shareholder? Why are so many people shareholders? Investing for retirement is pushed heavily and incentivized by the government b
by molsongolden 10y ago
Take it further. Why are you a shareholder? Why are so many people shareholders? Investing for retirement is pushed heavily and incentivized by the government but is it for our own good or is it to provide liquidity in the financial game? If you are pushed to invest then you have skin in the game and are a shareholder who wants to increase corporate profits. This puts you almost directly at odds with all non-shareholders who are negatively affected by increasing profits.
- witty_username 10y agoPeople are shareholders to make money. > This puts you almost directly at odds with all non-shareholders who are negatively affected by increasing profits. Economics is not zero-sum. Few people such as competitors will be negatively affected, but for the average person there will be little impact. For example, if Google makes more profits I am hardly impacted.