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I wouldn't call the stock market a direct democracy. In a direct democracy, every citizen/participant has the same vote as another and all it takes is simple ma
by Dracophoenix 4y ago
I wouldn't call the stock market a direct democracy. In a direct democracy, every citizen/participant has the same vote as another and all it takes is simple majority can invalidate the rights of every individual. Obviously that's not the case in the US, and for the better.