3 ms·
> They may be lucrative but since the same people were denied access to the more lucrative investments Do you realize how much MSFT and AMZN went up since thei
by skookumchuck 8y ago
> They may be lucrative but since the same people were denied access to the more lucrative investments
Do you realize how much MSFT and AMZN went up since their IPO?
> neither do they have the right to restrict investment by rhe poor.
We can agree on that point, at least. Ironically, the government encourages the poor to invest in lottery tickets, which are not even investments, but straight up gambling.
- tathougies 8y ago> Do you realize how much MSFT and AMZN went up since their IPO? Yes. But this is irrelevant! The point is that there were other, better-performing investments that the poor could have chosen. That doesn't even address the ethical question of whether it's right to restrict the already disadvantaged from the very mechanisms of wealth creation open to the rich.