• whoisearth@lemmy.ca
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      16 days ago

      You’ll be down voted but it’s been my argument for years and really highlights how badly broken the system is.

      Many of us through our 401k are the shareholders demanding returns. We are all the snake eating itself.

      This is why we import cheap crap from China. It’s why we expect cheap fast food. Cost must always go down. Price must always go up.

      • Tiger666@lemmy.ca
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        16 days ago

        You need to buy a few more shares for that to be reality. Consumer shares are not controlling shares and we “poors” will never have any controlling anything when it comes to capital.

        • whoisearth@lemmy.ca
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          16 days ago

          Do you understand the volume of us “poors” when it comes to our collective purchasing power? We are indeed part of the problem.

          Edit to add I am not talking about end consumer purchasing. I’m talking about large block institutional purchasing done on our behalf.

          In Canada that can be through my RPP, my RRSP or the CPP or any other pension that may be available through my work.

          • Tiger666@lemmy.ca
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            16 days ago

            Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha. That was soooooo funny. Its almost like you think you have some sort of collective economic power in the stock market being a proletariat. The only power you have is one of class consciousness, and you seem to have none.

            • whoisearth@lemmy.ca
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              16 days ago

              With all sincerity you are a fucking moron. Educate yourself first, then we can talk.