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submitted 10 months ago by Rapidcreek@lemmy.world to c/world@lemmy.world
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[-] etuomaala@sopuli.xyz 0 points 9 months ago

What do you mean by "improve the economy"?

[-] tsonfeir@lemm.ee 1 points 9 months ago

One where the benefits of economic growth are distributed broadly across society, allowing everyone to contribute to and benefit from economic prosperity.

[-] etuomaala@sopuli.xyz 1 points 9 months ago

You are describing what should be done with a powerful economy. Not how to create a powerful economy. Abolishing the stock market will not encourage wealth distribution. It will make the economy weaker, and could easily make wealth concentration worse.

The right move is to reform the stock market, imposing rules on company ownership. That's why I brought up Germany. All companies in Germany above a certain size must be 40% owned by their employees.

[-] tsonfeir@lemm.ee 1 points 9 months ago

Agree to disagree. But I do like the part about Germany.

this post was submitted on 14 Jan 2024
61 points (93.0% liked)

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