After giving this a great deal of thought, it's clear that the American electorate is completely captured. They will always vote to further the interests of corporations. This will not change until the money is removed from politics. The good news is that bad actors at the top (grifters, rent-seekers, etc) will continue to stash their ill-gotten gains into assets like stocks and real estate, so as long as you own some, you'll enjoy the fruits of their labors.

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idle_zealot 3 hours ago | parent [-]

> you'll enjoy the fruits of their labors

That's how putting your savings into the market is sold, and it's true to an extent; you will lose out if you let your money sit around. But also, having a bunch of inattentive and unsavvy investors in the market is super convenient to anyone with a whole lot wealth. It means when the market crashes there's a cushion made up of your retirement savings. Plus, they have the option of buying low and increasing their share of the market. If you put all your money in an ETF for the long haul, you end up with a smaller share of the pie.

That's what really matters, right? Not absolute wealth, but spending power relative to other people around you. If the mechanics of the stock market increase this gap, even when people are bought in, I don't think that "enjoying the fruits of their labors" is the right framing.

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thegreatpeter 3 hours ago | parent [-]

You also have the option of buying low and increasing your share of the market

	▲	idle_zealot 2 hours ago \| parent [-]
		The premise is that you have a bunch of unsavvy people dumping savings into the market. As an individual you can try to play the game, as a system most people will lose.