ahem
Create value, by taking it from whom?
The stock market was invented to make it less risky to plunder the everloving shit out of Non European countries.
It’s always been about extracting value.
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db_null@lemmy.dbzer0.com 1 week ago
The stock market was once a great idea, provide a business some cash upfront so they can create value, get a cut of result.
Now it’s just about extracting value, capitalists are turning everything to shit.
SippyCup@lemmy.world 1 week ago
Armok_the_bunny@lemmy.world 1 week ago
Value creation doesn’t have to be a zero sum game, just because that’s what the stock market has turned into doesn’t mean it has to be the case.
db_null@lemmy.dbzer0.com 1 week ago
Maybe I just mean stocks in general, not the stock market or exchange. But stocks without public trading and speculating are still around and a good thing that can support creating value.
I own some stock in my bank and a farm.
For the farm, the stocks are intended for the farmer to invest in equipment or whatever they need. I work 4x a year at that farm (either packing cheese or cleaning something) and I pay for my milk, cheese and yogurt. The stocks are a great way for the farmer to get some cash for investments without involving banks. We’re about 100 people who own stock and do the quarterly shifts, but the main value is created by the farmers, their animals and the land.
Regarding my bank, any stock I buy from them enables them to do stuff with 7x the amount of money I gave them. E.g. if I own 10k in stock, they can use it to finance a 70k loan for someone.
For both, I can vote on important topics and future projects. For me this ensures my bank only invests sustainably and the milk and cheese I consume come from a farm that is nearby, organic and treats its animals well.
pineapplelover@lemmy.dbzer0.com 1 week ago
Forgive my stupid brain but can you make this distinction clearer for me? I find they’re both kind of the same. You’re extracting the profits which is the cut of the results
njordomir@lemmy.world 1 week ago
Private owners and small businesses still get to have principles or choose to do things the right way. For all its faults, Steam is often talked about in this way. Corporations on the other hand have to view every square of toilet paper through the lens of profit and loss on the timescale of a single fiscal year or even a single quarter. I often wonder if it is even ethical to invest because doing so profitably seems to inherently feed this system of economic cannibalism.
We are incentivising companies to find the maximum spread between their expenses and their revenue at any cost and we are arming them with the tools and data to ruthlessly pursue this goal. You WILL be monetized. A scam is the most lucrative business of all because it only takes into account the benefit of one party. No wonder almost every brand name now days carries the reputation of a used tissue. They’re just taking the whole pie because the middle class isn’t needed anymore. It served its purpose by distracting Americans from some of the “communist” ideas happening at home and elsewhere in the world in the 70’s. That’s not needed anymore because they’re projecting power through surveillance and social influencing instead.