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One of the great feats of social engineering that Wall Street has done in the several decades is convincing regular people that they should have their money in
by gaius 9y ago
One of the great feats of social engineering that Wall Street has done in the several decades is convincing regular people that they should have their money in the stock market.
Ironically you could call this “owning the means of production”
- draw_down 9y agoNope.
- losvedir 9y agoToo true! I sometimes wonder why the marxist/socialist types aren't pushing for some sort of government fund that owns a percentage of all listed stocks. That's essentially what they want, right? All the pieces are in place to easily and relatively painlessly do this. I mean I kind of like it as the basis for a basic income. The basic income can start small, but as the economy grows, even if that includes via robots and automation, the basic income will grow as well.