4 ms·
> make a few people who already have everything even richer. "a few people" being everyone with a retirement plan, 401k or any equivalent around the world, i.e
by namdnay 3y ago
> make a few people who already have everything even richer.
"a few people" being everyone with a retirement plan, 401k or any equivalent around the world, i.e. the vast majority of people in developed countries
if anything, taking from smaller companies to give to megacorps is a net benefit for "the common man", since the former will generally belong to founders/VCs/private equity in which they have no stake, and the latter are owned by everyone with exposure to the MSCI World :)