2 ms·
> Shareholders are also pension funds, We don’t forget that. It is simply a reality that we can’t avoid. All the profit is siphoned into the stock market, if y
by runarberg 4y ago
> Shareholders are also pension funds,
We don’t forget that. It is simply a reality that we can’t avoid. All the profit is siphoned into the stock market, if you opt out of it (if you are even allowed to; in many European states, these funds are mandatory), you’ll loose your savings to inflation.
Could we have a better system? yes. Does it make sense to add this caveat every time we complain that shareholders are exploiting workers for their own profits? No, that would be a waste of nuance.