"The market" prioritizes short-term gains, and stratifies the wealthy and the impoverished. Allowing the market to work on products that amplify that stratification is inherently unstable.

I suggest the other top HN article today, https://news.ycombinator.com/item?id=8274677 where the market is clearly rewarding the long term strategy of Amazon.

This applies to any stock with a high P/E ratio.

Also, anyone with a spare $100 can get started investing in securities.

The point of the article is that investment in Amazon is growing because Amazon has a business model built on stable infrastructure and expansion modeled as a large conglomerate of essentially separate business groups which distributes risk, and is thus better able to weather negative environments (see e.g. the stock's behavior during recent economic crises). It's being used as a hedge against volatility... in the short term. Because that's how markets operate. If you believed that you could make more money in the same amount of time elsewhere you would put your money there instead.

anyone with a spare $100

Being impoverished doesn't just mean that you're unlikely to have a spare $100 at any given time, it means that any negative life event is that much more likely to wipe out any savings you may have been able to accumulate, including an investment in securities.

Don't all people have an equal right to education?

You'd have to consult an attorney for a thorough answer, but my understanding is that US federal law requires public school districts (K-12) to provide an education for every eligible child. The ADA applies to children with disabilities, and districts must provide their special educational needs as much as can be done (there are limits of course but expectations are high).

Schools often don't look for kids who need beyond average services, and may defer, even resist doing so unless parents make a point of pushing the issue. I've known parents who have taken schools to court to get cooperation. Too bad that's necessary, schools invariably relent. It is the law.

Basic education is a right, and you have the freedom to pursue advanced education, often subsidized by the government.

Do you feel like you have a right to the same education as the best-educated person? I don't.

Why should they?

Education isn't a right. It is a choice.

Education is a human right. http://www.un.org/en/documents/udhr/index.shtml#a26

Of all of the countries that are top performing (as rated by NCEE), which have privatized school systems?

http://www.ncee.org/programs-affiliates/center-on-internatio...

>Education isn't a right. It is a choice.

That's a poorly thought out platitude. Plenty of rights are also choices such as the right to vote, to remain silent, to bear arms, to a trial by jury.

I just said its not a right. So to equate it to other rights doesn't make sense.

You said "Education isn't a right. It is a choice." By the pragmatics of English, this is reasonably interpreted as "Education isn't a right [because] it is a choice". Pointing out that other rights are choices refutes that. If it wasn't what you were trying to say, you should clarify.

I can tell with certainty that my kids do not have all that much choice when it comes to education. By the time they will be old enough to get that choice, their education will be mostly done thing.

No, it's your duty. Society suffers, in general, when people are not educated. We really should insist on requiring more of people.

You can say the same thing about public sanitation.

It's funny how the people who believe that the Invisible Hand of the Market will fix everything forever generally claim to be opposed to faith-based ideology.

Dunno, how's high school treating you?