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myrmepropagandist | 1 years ago (raw) | root | parent | reply | flag 
 What I’m saying here is basically that #investors are often not invested at all. Many would be horrified by the ‘work’ their money has enabled. Or disgusted with the frivolous and intrinsically fraudulent character of some of the corporate projects they have enabled; this system so designed as to make exploitative extraction, liquidation mines and pure con jobs not just easy, but inevitable.
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061cb9c1 | 1 years ago (raw) | root | parent | reply | flag 
 @134318c2 One particularly perverse aspect of this has been how peoples' retirement has shifted from public and company pensions towards market-based funds (RRSP, 401k, etc). Suddenly, in order to have the luxury to one day retire, workers are expected to "invest" their money in their own exploitation. The very companies these workers are funding turn around and use that cash to break strikes, buy politicians, and engage in all other manner of anti-worker activity.
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57786f64 | 1 years ago (raw) | root | parent | reply | flag 
 @0c59af14 @134318c2 this is what shocked me most even before I started living in the US. it was during 2008 and I realized the evil behind manufacturing consent behind "too big to fail" bullshit. People had to stay silent when literal thieves got bailed out with their money because some PoS managed to convince everyone that it is not just ok but good to gamble with their life's earnings. Mind blowing.