4 ms·

It wouldn't provide index fund services, it would literally own the funds and thus the assets.

• deleted 8y ago
  [deleted]
• nicky0 8y ago
  An index fund without customers is not really an index fund. It's just a private investment trust. Basically you are saying the state should just slowly buy stock in every company until it owns every company.
  • djrobstep 8y ago
    It would have a customer: the public. > Basically you are saying the state should just slowly buy stock in every company until it owns every company. That's right. The goal is full public ownership of the means of production.
    • conanbatt 8y ago
      The state is not the public.
      • djrobstep 8y ago
        In a democratic society, it is.
        • nicky0 8y ago
          No, in a democratic soceity the state is a servant of the public.
    • nicky0 8y ago
      Not sure you have really thought this through.