A Boring Dystopia

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'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits (fortune.com)

submitted 1 year ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] cqthca@reddthat.com -4 points 1 year ago* (last edited 1 year ago)

and you aren't buying parts of their companies to share the wealth. sad. you can even get partial shares w/o commissions now.

When you buy a share of equity in a corporation that means you own m/nth of the company where n is the number of stock share issued, m is the shares of stock you own. Nothing is stopping you from being a shareholder except you wanna buy those fancy things. Read "The millionaire next door". We drive 10 y.o.Toyotas, shop at wal-mart, cut our own hair, and buy parts of businesses. You don't?