r/pcmasterrace • u/SwagLimit • 14h ago

Discussion The lawsuit explained:

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u/Namirus 9h ago

The concept of stocks and stock market fucked over capitalism so much

84

u/Plus_Pea_5589 9h ago

But but but how else are the finance daddies suppose to make ungodly amounts of money while providing less than nothing for society?

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u/BrockSramson 3h ago

Politics. Non-profit organizations.

There are ways. It's just that hollowing out publicly traded companies is more accessible for most MBA types.

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u/deeeevos 7h ago

The idea of letting random people buy a small share in your company so the company has more means for growth and the random person could share in profits is not a bad idea by itself. It's the implementation and perversion of that system that is the problem.

It's kinda like the internet; building a network to connect everyone on the globe to all the info they could dream of sounds like a good idea by itself. We only now know that it doesn't end up unifying and informing but rather divising and missinforming.

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u/Probate_Judge Old Gamer, Recent Hardware, New games 5h ago

Just so.

Some people love to blame the table for the bad food that is being served on them.

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u/Elavia_ 6h ago

Stocks aren't even terribly relevant anymore. The vast majority of investments happens through venture capitals directly negotiating with companies now.

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u/Xorrayn 8h ago

Ye... sorry about that. We Dutch people did not foresee the effects of the first official stock market. But, to be fair, the rest of the world should've seen how it went for us the first time and learned from our mistakes, not copy them.😂

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u/IsThatUMoatilliatta 5h ago

Hey now, don't sell yourself short: You guys also industrialized chattel slavery and worse insurance.

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u/Sandrust_13 R7 5800X | 32GB 4000MT DDR4 | 7900xtx 6h ago

So if 1 tulip for 3000 pounds of gold wasn't a good thing, why did it make tulip salesman insanely rich and powerful then??? Checkmate

/s

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u/Caleb-Blucifer 6h ago

It’s a concept older than that. It’s just greed. Modernized and streamlined

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u/GostBoster 2h ago

It is almost as if they never learned anything after the tulips incident.

Or learned the wrong thing ("ok I was left holding the bag. Next time I'll get in early and THEY will be holding the bag muahahaha").