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Comment by nightski

9 hours ago

Well we’d go back to an era where private capital owns the world. The public would not be able to participate or benefit from the ownership of companies and share in the prosperity.

I mean the average person already barely has any participation at all, and certainly doesn't benefit from it when their money gets dumped down the toilet because of some widespread financial scams and grifts that repeatedly happen over and over again.

  • 62% of adult Americans own stock.

    • And how many of those people are actively making decisions about what companies they are investing in instead of blindly putting money into a black box 401k account because they are financially punished for not doing so?

Private capital doesn't own the U.S.?

  • BREAKING: Countries other than "U.S." found to be members of so-called "world"

    Although I'm not sure what he's on either. Capitalists definitely own and exploit pretty much the entire world, with few exceptions.