this post was submitted on 07 Mar 2024
994 points (91.3% liked)
General Discussion
12086 readers
1 users here now
Welcome to Lemmy.World General!
This is a community for general discussion where you can get your bearings in the fediverse. Discuss topics & ask questions that don't seem to fit in any other community, or don't have an active community yet.
🪆 About Lemmy World
🧭 Finding Communities
Feel free to ask here or over in: [email protected]!
Also keep an eye on:
For more involved tools to find communities to join: check out Lemmyverse!
💬 Additional Discussion Focused Communities:
- [email protected] - Note this is for more serious discussions.
- [email protected] - The opposite of the above, for more laidback chat!
- [email protected] - Into video games? Here's a place to discuss them!
- [email protected] - Watched a movie and wanna talk to others about it? Here's a place to do so!
- [email protected] - Want to talk politics apart from political news? Here's a community for that!
Rules
Remember, Lemmy World rules also apply here.
0. See: Rules for Users.
- No bigotry: including racism, sexism, homophobia, transphobia, or xenophobia.
- Be respectful. Everyone should feel welcome here.
- Be thoughtful and helpful: even with ‘silly’ questions. The world won’t be made better by dismissive comments to others on Lemmy.
- Link posts should include some context/opinion in the body text when the title is unaltered, or be titled to encourage discussion.
- Posts concerning other instances' activity/decisions are better suited to [email protected] or [email protected] communities.
- No Ads/Spamming.
- No NSFW content.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This matches my experience quite well. I'm currently working at a place that isn't traded publicly for the first time ever, and it is significantly better. Granted, it isn't perfect, I still have plenty of criticisms that are separate issues. And many of those issues could be solved/lessened by workplace democracy, but that's a different conversation.
End goal would be at most investment works through loans. Somebody has a business and wants to expand, or wants to start a new one? Get some loans, and the interest is how you would "invest". I am sure there would be loopholes around this to end up with lots of stupidity, but it would be a better system.
It would be a lot slower growth though. And IMO that's a good thing given that the planet is on fire. Policies and institutional changes that will lessen our impact on the environment is a good thing. We ultimately need de-growth to an extent, and slower growth at a minimum.
The bigger issue here is how to abolish a stock market. When investors catch wind of this happening, they'll sell as hard and fast as possible, and move their wealth to overseas stock markets. A slow and steady abolishment would probably make it a bit better, but it's probably worth a scientific study or twenty to look into the long term effects/potential solutions for this.