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A comment on America's 1% Has Taken $50T From the Bottom 90%. Parent comment

Re:America's 1% Has Taken $50T From the Bottom 90% by MrMan on Thursday February 11, 2021 @11:41PM (#26110800)
I am pretty sophisticated in terms of my acceptance of modern finance but I am a heels-dug-in naysayer when it comes to buybacks. I hate them and I think they are evil. But what can you do
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Re:America's 1% Has Taken $50T From the Bottom 90% by chii on Friday February 12, 2021 @01:26AM (#26111215)
> But what can you do

you can try to convince people that buybacks are evil, and if enough concensus is reached, it will be outlawed.

The problem is that there's no good evidence that it's evil in the general case, and it's hard to convince large portions of shareholders that it is.

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