rockSlayerJust a little class consciousness to wash down another day of work
Point taken, but FYI billionaires don’t “make” a billion dollars regardless, it’s almost exclusively because their net worth due to stock ownership makes them a billionaire.
If you bought a house somewhere cheap, and then the eyesore old factory down the road gets torn down, and the land around your house explodes in value, you did not “make a million dollars” in income even though your house is now worth that much.
As well, most billionaires live off money they borrow at stupid low interest rates because that doesn’t count as income. An accountant would be able to explain in depth but that’s one of the way they dodge taxes.
Stocks are just another way to funnel money away from workers.
Ya know, workers can own stocks too. There’s even companies that give stocks to employees. Stocks themselves are not the problem.
unfreeradicalWorkers may hold stocks, but anyone who holds a sufficient value of stocks is by virtue of such holdings not a worker. Therefore, stocks support the stratification of society into workers, who may hold stocks but remain workers, and owners, whose ownership of stocks is sufficient that they are not workers.