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Let’s Set a Maximum Wage for the Rich | The Tyee (thetyee.ca)
submitted 7 months ago by [email protected] to c/[email protected]
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[-] [email protected] 3 points 7 months ago* (last edited 7 months ago)

...or just abolish the stock market (at least that's how I read this).

[-] [email protected] 4 points 7 months ago

At this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.

[-] [email protected] 4 points 7 months ago

And no doubt every other closely-tied economy, as well.

this post was submitted on 26 Feb 2024
564 points (92.7% liked)

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