News for hackers. Stuff that matters.

A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by Klinky on Monday October 18, 2021 @01:18PM (#28907960)
It's not just "not perfect", it's extremely flawed. You didn't "go on" at all about its flaws or failures at measuring merit, and only provided a toy example of a superfluous mega-rich celebrity deserving his wealth while ignoring Hollywood's underhanded exploitation and accounting issues.
[ Parent | on HN ]
Re:The wealthiest 10% of Americans own a record 89% of all U... by TameAntelope on Monday October 18, 2021 @01:30PM (#28908107)
Because something is "not perfect" or "extremely flawed" doesn't mean there is a better thing out there.

Something can be "extremely flawed" and also be the best option available, such as in this case.

[ Parent | on HN ]
Re:The wealthiest 10% of Americans own a record 89% of all U... by sudosysgen on Monday October 18, 2021 @02:15PM (#28909045)
You have to make a case for it that isn't circular first.

The idea that there should not be any democratic input on the economy seems quite unsupported so far.

[ Parent | on HN ]
Re:The wealthiest 10% of Americans own a record 89% of all U... by laserlight on Monday October 18, 2021 @03:30PM (#28910401)
How do you know there’s no better alternative out there? I don’t see anyone trying to find one.
[ Parent | on HN ]