Pro@programming.dev to Games@lemmy.worldEnglish · 2 days agoHas Xbox Considered Laying One Person Off Instead Of Thousandsaftermath.siteexternal-linkmessage-square52fedilinkarrow-up1618arrow-down14
arrow-up1614arrow-down1external-linkHas Xbox Considered Laying One Person Off Instead Of Thousandsaftermath.sitePro@programming.dev to Games@lemmy.worldEnglish · 2 days agomessage-square52fedilink
minus-squareSheeEttin@lemmy.ziplinkfedilinkEnglisharrow-up3arrow-down22·2 days 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-up14arrow-down1·1 day 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-up36arrow-down3·2 days 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-up3·edit-220 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-up3arrow-down1·1 day ago If you banned investing gambling
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