Pro@programming.dev to Games@lemmy.worldEnglish · 1 day agoHas Xbox Considered Laying One Person Off Instead Of Thousandsaftermath.siteexternal-linkmessage-square52fedilinkarrow-up1609arrow-down14
arrow-up1605arrow-down1external-linkHas Xbox Considered Laying One Person Off Instead Of Thousandsaftermath.sitePro@programming.dev to Games@lemmy.worldEnglish · 1 day agomessage-square52fedilink
minus-squareBuske@lemmy.worldlinkfedilinkEnglisharrow-up83arrow-down1·1 day agoYou just described the US stock market.
minus-squareViking_Hippie@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up26arrow-down5·1 day agoWhich is why stock trading should be abolished and outlawed.
minus-squareTollana1234567@lemmy.todaylinkfedilinkEnglisharrow-up11·13 hours agoor at least heavily taxed, which almost never happens because everyone in congress commiting insider trading wouldnt want that.
minus-squarelolrightythen@lemmy.worldlinkfedilinkEnglisharrow-up2·4 hours agoThe housing market is basically an inverse wealth tax.
minus-squareSheeEttin@lemmy.ziplinkfedilinkEnglisharrow-up3arrow-down21·1 day agoIf you banned investing, the rich people who already have money would be the only ones who could afford to open businesses.
minus-squarefloquant@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up10arrow-down1·19 hours agoNo common folk is getting rich thanks to the stock market. Maybe richer if they’re lucky, but let’s not pretend it’s a tool for social mobility. It’s the opposite.
minus-squareViking_Hippie@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up33arrow-down3·1 day agoNot necessarily, no. Other people with common aims would still be able to band together via nonprofits, credit unions, labor unions and the like. It would actually be MUCH more effective once the most effective tool for exploding and concentrating wealth is out of the way.
minus-squarePup Biru@aussie.zonelinkfedilinkEnglisharrow-up2·edit-28 hours agoalso loans still exist regardless of investment like stocks, which is the way most small businesses start anyway
minus-squareP03 Locke@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2arrow-down1·15 hours ago If you banned investing gambling
You just described the US stock market.
Which is why stock trading should be abolished and outlawed.
or at least heavily taxed, which almost never happens because everyone in congress commiting insider trading wouldnt want that.
The housing market is basically an inverse wealth tax.
If you banned investing, the rich people who already have money would be the only ones who could afford to open businesses.
No common folk is getting rich thanks to the stock market. Maybe richer if they’re lucky, but let’s not pretend it’s a tool for social mobility. It’s the opposite.
Not necessarily, no. Other people with common aims would still be able to band together via nonprofits, credit unions, labor unions and the like.
It would actually be MUCH more effective once the most effective tool for exploding and concentrating wealth is out of the way.
also loans still exist regardless of investment like stocks, which is the way most small businesses start anyway