Is the Stockmarket Socialist?

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Is the Stockmarket Socialist?
« on: June 17, 2018, 03:29:44 pm »
Is the stockmarket one of the purest forms of socialism because it allows you to own part of a company and therefore give the common person the ability to own the means of production if they wanted?

Re: Is the Stockmarket Socialist?
« Reply #1 on: June 28, 2018, 04:41:48 pm »
no its just another method to make dividends from the accrual of capital

the stock mindset is "to each according to luck in building capital, so go the spoils" aka success brings more success. this is theft from all other people.

this is the opposite "from each according to their ability to each according to their need"
m'lady

Re: Is the Stockmarket Socialist?
« Reply #2 on: June 29, 2018, 08:20:54 pm »
no its just another method to make dividends from the accrual of capital

the stock mindset is "to each according to luck in building capital, so go the spoils" aka success brings more success. this is theft from all other people.

this is the opposite "from each according to their ability to each according to their need"

Yes, but you have control over the same amount of the company with x dollars that someone else with x dollars has. There is no luck there. That's not stealing from anyone else. Some businesses even have stock programs where you're given stock for the amount of work that you do, giving you ownership over your part of the production in the company.
You could even round up more people to pool money together towards the purchase of stock to seize more of the production and make mutual decisions together for your votes.