I mean that huge pools of capital actually represent the interests of a lot of people, such as Norwegian Sovereign Wealth fund and CALPERS which collectively fund the retirements for millions of people. And there are 401ks and IRAs, and even social security which is backed by the dollar which requires a healthy economy to maintain its preeminence.
It’s hard to just point the finger at this thing or that thing and pretend it’s just “the 1%” who benefits and they are causing all the problems. The economy, and society itself, is far far more complex and trying to do something extreme like destroy private business has enormous knock-on consequences.
It’s hard to just point the finger at this thing or that thing and pretend it’s just “the 1%” who benefits and they are causing all the problems. The economy, and society itself, is far far more complex and trying to do something extreme like destroy private business has enormous knock-on consequences.