Pro@programming.dev to Games@lemmy.worldEnglish · 1 day agoHas Xbox Considered Laying One Person Off Instead Of Thousandsaftermath.siteexternal-linkmessage-square48fedilinkarrow-up1550arrow-down14cross-posted to: [email protected]
arrow-up1546arrow-down1external-linkHas Xbox Considered Laying One Person Off Instead Of Thousandsaftermath.sitePro@programming.dev to Games@lemmy.worldEnglish · 1 day agomessage-square48fedilinkcross-posted to: [email protected]
minus-squareSheeEttin@lemmy.ziplinkfedilinkEnglisharrow-up3arrow-down21·21 hours 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-up8arrow-down1·13 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-squareP03 Locke@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2arrow-down1·9 hours ago If you banned investing gambling
minus-squareViking_Hippie@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up32arrow-down3·21 hours 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-22 hours agoalso loans still exist regardless of investment like stocks, which is the way most small businesses start anyway
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