Only 9 percent of Americans younger than 30 have a “very positive” view of capitalism, according to a new CBS/YouGov poll.
That shows a stark generation between Generation Z and older generations.
The data arrives amid a surge in democratic socialist victories across the U.S. — and not just in progressive corners of the country. Florida state Rep. Angie Nixon (D) on Tuesday beat out the more moderate Alex Vindman (D) in the Democratic Senate primary in Florida, a state known for its sunshine, not socialism.
Also can we just get rid of publicly traded stocks as well. That shit makes Capitalism explicitly worse and I’m like 90 percent sure it actively would corrupt any system it’s present in at this point.
If you want to sell stocks for mining expeditions for example then fine, but the company should be dissolved afterwards or otherwise take the total financial damages for failure.
Right, stocks mean that instead of a company benefiting the employees or clients, it has to solely prioritize this third party who is completely detached from the business at all. No good can come from that.
Kind of feels like I’m beating off a dead horse when I talk about cooperatives, but multi stakeholder models can solve a lot of the issues with publicly traded stocks. Namely the perverse incentive to appease shareholders over workers or consumers. At least give workers majority stake, so they can install their own board of directors instead of all the voting power unfairly given to the sociopaths with the most money.
I’m all for getting rid of it completely though.
You can still have privately traded stocks just not publicly traded. I believe WinCo does that.