this post was submitted on 13 Nov 2026
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[โ€“] cabbage@piefed.social 2 points 1 day ago (1 children)

The idea of the wealth fund being under technocratic control is held in extremely high regard especially by the social democrats who both designed the system and are in power at the moment, and they are not wrong in theory. So the leadership would have to be extremely unpopular in order to be replaced. Unfortunately as the stocks have gone up most people are very impressed by their performance, so there's little incentive to remove them at the moment.

There's little incentive now because the bubble hasn't burst yet? Will there be more incentive after the crash?

I swear people have collective amnesia. It hasn't even been that long since the last time this happened.