• Tollana1234567@lemmy.today
      link
      fedilink
      English
      arrow-up
      11
      ·
      13 hours ago

      or at least heavily taxed, which almost never happens because everyone in congress commiting insider trading wouldnt want that.

    • SheeEttin@lemmy.zip
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      21
      ·
      1 day ago

      If you banned investing, the rich people who already have money would be the only ones who could afford to open businesses.

      • floquant@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        10
        arrow-down
        1
        ·
        19 hours ago

        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.

      • Viking_Hippie@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        33
        arrow-down
        3
        ·
        1 day ago

        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.

        • Pup Biru@aussie.zone
          link
          fedilink
          English
          arrow-up
          2
          ·
          edit-2
          8 hours ago

          also loans still exist regardless of investment like stocks, which is the way most small businesses start anyway