this post was submitted on 09 Apr 2025
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[–] Fingolfinz@lemmy.world 7 points 2 weeks ago* (last edited 2 weeks ago) (7 children)

That’d be funny if everyone who isn’t rich just took their money out of the market so these billionaires can just rob each other over and over instead of actual human beings

Edit: see the correction below by another commenter because I’m vastly wrong, don’t listen to me

[–] brucethemoose@lemmy.world 16 points 2 weeks ago* (last edited 2 weeks ago) (6 children)

"Regular" people not being invested in the market is one of many reasons why billionaires are so rich. 401ks aside, if most normal people got (and had the means to) to hold a few companies they thought were doing good things (and didn't sell on a whim, say hold for at least 5 years), even if it was just like $100 -$1k each, it would be a hugely progressive redistribution of wealth.

[–] Fingolfinz@lemmy.world 9 points 2 weeks ago (5 children)

I think the entire system needs to be destroyed

[–] wildncrazyguy138@fedia.io 1 points 2 weeks ago (1 children)

Tell that to all the people who have pension plans invested in the market. Tell that to all universities who have endowments that enable them to grant scholarships for people who otherwise wouldn’t be able to afford it.

[–] Fingolfinz@lemmy.world 3 points 2 weeks ago

I will continue to tell people that. Participation in this system only furthers its bullshit. Change isn’t going to be comfortable.

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