Personally, I'd like to abolish the stock market altogether. But this is an attractive, actionable policy

you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 4 months ago (6 children)

When has seizing assets ever been tried? Constantly.

  • source
  • parent
  • hideshow 6 child comments
  • [–] [S] 2 points 4 months ago (5 children)

    You really should read the article. This isn't that.

  • source
  • parent
  • hideshow 5 child comments
  • [–] 1 point 4 months ago* (4 children)

    I did read it, did you? It takes 1.5% of all companies in the form of stock or ownership, that are big enough, and gives it the citizenry every year. Seizes assets and give it to citizens. Then it gets sold to....whoever the fund manager decides, and it is all easily corruptible and that is exactly what would happen if it ever managed to pass, which it won't.

  • source
  • parent
  • hideshow 4 child comments
  • [–] [S] 1 point 4 months ago (3 children)

    Then it gets sold to....whoever the fund manager decides,

    No, it gets sold gradually onto the open market.

  • source
  • parent
  • hideshow 3 child comments