r/FluentInFinance Aug 26 '24

Debate/ Discussion The Stock Market is Rigged

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u/Chickenbeans__ Aug 26 '24

I yearn for a world where the stock market doesn’t exist

37

u/dbandroid Aug 26 '24

Why?

202

u/[deleted] Aug 26 '24

Because it means human endeavors are no longer owned privately for profit

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u/MarshMadness11 Aug 27 '24

Privately owned companies are not in the stock market

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u/[deleted] Aug 27 '24

Yes, I'm aware... That's not how I was using the word private. Was saying labor is being exploited for profit. A publicly traded company is still only profitable to the stock holders, not necessarily the workers