i feel, if we're gonna live in capitalism, why not twist and turn it into the best thing it can be, for the people, not just for the exclusive wealthy club at the top

for real though OP i dont think this is the best hill to die on.

the stock market is a symptom/instrument of a certain overarching system, eliminating it on its own would just cause dysfunction and crisis that would affect the ordinary people caught up in its machinations.

best thing to do is to just get rid of that system

Ethical investment been a thing for years lets see how this works out. I am more pessimistic about it than you are

It's the response to a market collapsing that I don't agree with. If a company fails, so be it. Bail out the workers and nationalize the industry.

it needs change but full communism will fail

my idea: social democracy with universal basic income

how about provide the workers with enough money to live and find new employmen without stress?

If we nationalise the company we foster inefficiency

what makes you think that?

i think average people forget how good they really have it if we compare ourselves to these smaller 2nd/3rd world countries

most of the technological progress of the next 50 years will be those countries catching up to the developed western economies

when the stock market is "going up" it's like a plane that it is flying. it is going according to plan and it would be weird if it wasn't working properly

Nah I completely agree man. S*** should be taught in every high school in America at least the basics and fundamentals. You got dudes on ktt calling the market evil

by the books capitalism should be letting these corporations fail anyway

socialism right now is only for the wealthy in this country, not the regular people

Why would you think this

I don't see how that fosters inefficiency. Things that went from national to private (see british railways) become absolute dogass and much more expensive.

that isn't capitalism

it's corporate socialism

or crony capitalism

that said TARP bailout money from 2009 was fully repaid by those that took it

just had a hunch.

dumbest s*** ever, im an econ major, their hearts are in the right place but solutions make no sense

competition isnt an intrinsic good .. have you heard of natural monopolies?

No, it's capitalism.

Like just say capitalism lol

yes lol but not all monopolies are natural

we should nationalise natural monopolies but break up not natural ones

Yes me a very clear communist is going to want to preserve the stock market of all things

Econ niggas stand up . Working in finance though Wall Street nigha you dig

Lmao OK