this post was submitted on 07 Dec 2024
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[–] Onihikage@beehaw.org 1 points 2 years ago

I agree, investing in a company is fine. It's when you have the ability to trade your investment without any consequence whatsoever that the madness begins. Investment is supposed to be risky for both the company and the investor! But we've managed to externalize that risk into a market in which no single actor can be held responsible when a company is looted and destroyed by greed. Publicly-traded shares are now an entirely tax-free substitute for money - but only for the rich who have turned this system into a game to enrich themselves.