The modern take on stock investment is to not give dividends, so the only way for shareholders to make money is to have the company grow indefinitely.
Obviously a capitalist won’t tell you that. My economy professor kept insisting that efficiency is always positive because it only concerns making a bigger cake, so there is more cake to be divided among the people involved, which he called surplus. In reality greater efficiency has a cost, and the cost is paid by people, while other people pockets the surplus. Fuck capitalists.
So making money in the stock market only works if the pie keeps on expanding? I think that’s a way to take advantage of the fact that our economy is expanding, but I don’t think that’s the definition of capitalism.
The modern take on stock investment is to not give dividends, so the only way for shareholders to make money is to have the company grow indefinitely.
Obviously a capitalist won’t tell you that. My economy professor kept insisting that efficiency is always positive because it only concerns making a bigger cake, so there is more cake to be divided among the people involved, which he called surplus. In reality greater efficiency has a cost, and the cost is paid by people, while other people pockets the surplus. Fuck capitalists.
So making money in the stock market only works if the pie keeps on expanding? I think that’s a way to take advantage of the fact that our economy is expanding, but I don’t think that’s the definition of capitalism.