Comment on But how would they be able to live on that?
Olgratin_Magmatoe@lemmy.world 5 months agoSeems to be another good reason to abolish the stock market. The difficulty of tracking that stuff vanishes if it doesn’t exist in the first place.
Comment on But how would they be able to live on that?
Olgratin_Magmatoe@lemmy.world 5 months agoSeems to be another good reason to abolish the stock market. The difficulty of tracking that stuff vanishes if it doesn’t exist in the first place.
howrar@lemmy.ca 5 months ago
The company exists without the stock market. People will still own portions of that company. The value will just be harder for the general public to determine and can be more easily obfuscated for tax purposes.
Olgratin_Magmatoe@lemmy.world 5 months ago
Companies shouldn’t have values placed on them. They shouldn’t be bought or sold. They should all be employee owned.