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donatj 4 days ago

It’s really not that simple.

    - Populations have grown in the last 7 years. Workforces have changed.
    - Stocks rise on hype, debt, and low interest rates — not from actual value or work done.
    - Borders are porous. Cheap labor moves.
    - Companies come and go.
And there's far more to it than that. Saying it is "really that simple" is nothing but call to outrage.
93po 4 days ago | parent | next [-]

it doesnt really matter if there are bars of gold to backup the value of a company's market cap. the point is that you can sell the shares for money, and to further emphasize this, you're literally taxed on that gain just like income tax (though annoyingly much lower, which further reinforces mistreatment of working class).

aredox 4 days ago | parent | prev [-]

This doesn't contadict that rich renters have it better than actual workers - sucking the riches they produce. You are just pointing out some of the reasons why.