Re:Half a million South Korean workers walk off jobs in gene...
by refurb on Friday October 22, 2021 @09:40AM
(#28957070)
And what would the S&P500 companies do with 20% less capital? How many people laid off? How many factories shut down?
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Re:Half a million South Korean workers walk off jobs in gene...
by strken on Friday October 22, 2021 @10:14AM
(#28957429)
Probably go bankrupt and/or lay off a lot of employees in a globally consequential way. I'm not arguing it would be a good idea, I'm arguing that it does in fact matter who controls that capital, as evidenced by what would happen if you redistributed a fifth of it in the dumbest way possible.