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A comment on Amazon to Acquire Whole Foods for $13.7B. Parent comment

Re:Amazon to Acquire Whole Foods for $13.7B by xenadu02 on Friday June 16, 2017 @08:41PM (#14573631)
The top 5% own >70% of all stock, so no it mostly isn't grandma's 401k or grandpa's pension. Half of all Americans don't own a single share of anything in any form.
[ Parent | on HN ]
Re:Amazon to Acquire Whole Foods for $13.7B by emodendroket on Friday June 16, 2017 @09:33PM (#14573798)
You have to admit, whether or not this was ever anyone's intent, from a social control perspective, tying your retirement to the health of the market is a real masterstroke.
[ Parent | on HN ]