1 Matching Annotations
- Jan 2024
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docdrop.org docdrop.org
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when we're investing in the stock market, we're mostly just hoping that the value of those shares will rise. That money is not actually reaching companies and being used in productive ways. And that's true. We can see it with private equity too.
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for: speculative investing - example
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example - speculative investing
- stock market
- money is not reaching companies and being used in a productive way
- part of it must be, but whenever shareholders take earnings, then it's extracted out
- private equity
- when private equity firms buy companies then layoff staff and cut back spending on services, they pocket all that money for the shareholders. It's a way for the rich to maintain their supremacy position
- stock market
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comment
- In its simplest expression, it is greed in action
- It is what maintains the 1% / 99% divide
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epiphany
- new meme
- We need to replace WALL street with WELL street!
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