Re:Dutch entrepreneurs avoiding negative interest by opening...
by seoaeu on Wednesday September 01, 2021 @04:02PM
(#28384893)
> Meanwhile if one person owns all the stocks people can still work and be happy.
I know you didn't mean it quite so literally, but this paints a rather dystopian picture: a single person holding effectively all the material wealth while everyone else happily shows up every day to work for them
Re:Dutch entrepreneurs avoiding negative interest by opening...
by kergonath on Thursday September 02, 2021 @08:07AM
(#28391066)
You can have an outrageous amount of something that is not intrinsically bad. Money, or wealth in general, is not a bad thing in itself, but its distribution can be outrageous.
The only outrageous wealth you listed was real estate because of the land component. Nobody gets hurt by stocks. People get hurt if money ceases to circulate because money is needed to pay incomes, taxes and debts. If all the money piles up in one bank account everyone stops working. Meanwhile if one person owns all the stocks people can still work and be happy.