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/biz/ - Business & Finance

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17962502 No.17962502 [Reply] [Original]

JUSTIFY THE EXISTENCE OF THE STOCK MARKET IN ONE POST NOW!
>muh it provides firms with capital necessary for investments
banks do that too, no need for our economy to be run by a big casino because firms need capital not to mention that the vast majority of trades in the 21st century stock market consists of speculatory exchanges which do not in themselves provide any financing for the firms
>muh price discovery
the only reason there is a need for price discovery is that we have the system of anarchy in production that is capitalism in the 1st place. proper economy is a deterministic system not a stochastic one. Keynesian economics has the advantage over neoclassical economics in that it recognizes the stochastic nature of modern capitalism whereas neoclassical models are extremely useful not as a description of capitalism but as a prescription for economic planning in a higher stage of economic development that is socialism. there will be no need for price discovery via stock market once we get there

>> No.17962531

>>17962502
I just made money doing jack shit

>> No.17962558

Transfer of wealth from the middle class to the upper class.

>> No.17962563

>>17962531
fpbp, commies btfo

>> No.17962580

>>17962502
I think people should gamble

>> No.17962582

>>17962531

This. I just click "i think this stonk is going down" and make $500 every time

>> No.17962584

>>17962531
making money without working is not a good thing and so it fails as a justification as does >>17962558

>> No.17962609

>>17962584
You're just a sour grape NEET loser

>> No.17962612

>>17962580
then go to the casino and gamble, not an argument

>> No.17962619

>>17962502
Solely for the fact that it pisses fat fuck goobers like you

>> No.17962624

>>17962502
To make money, easy.

>> No.17962630

>>17962502
Well, it's because stocks exists, so a market for them will exist.

Are you so economically retarded that you are gonna argue that shares are a bad thing ?

>> No.17962647

>>17962502
Also, countries without stock markets all collapsed.

>> No.17962666

>>17962584
Why do you enjoy being a slave?

>> No.17962681

>>17962584
>making money without working is not a good thing
Yes it is

>> No.17962716

>>17962584
So we cant be rewarded for using our heads to have a better way of obtaining wealth and should just be a slave to some corporate boss like everyone else? Yeah sounds like a commie

>> No.17962738

>>17962584
Source: "Cause I said so"
Typical essayposter

>> No.17962756

>>17962716
use your head for an actually productive endeavour that benefits the whole society like science, accounting or programming

>> No.17962757
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17962757

>>17962502

>> No.17962783

>>17962502
lmao, stock market actually allows you (as in workers) to control part of the company, instead banker class controlling financing fully, you fucking retard.

If price discovery is unnecessary then why every attempt at "real" socialism (like Paris commune or Barcelona in civil war period) had to copy their price levels from neighboring capitalistic economies.

>> No.17962785

Well its like this op
Someone wants to grow a business
So they sell ownership of said business to people in exchange for capital to make their business grow.

>> No.17962798
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17962798

>>17962756
That's a lot of orders for an angry online Communist NEET loser like you

>> No.17962809

>>17962756
In exchange for what?

>> No.17962832

because its great for neets like us fuck working

>> No.17962837

>>17962809
A thank you handjob from OP

>> No.17962858

>>17962837
I want to negotiate at least a blowjob

>> No.17962888

>>17962584

What the fuck do you mean? You literally get money and don't work that's awesome

>> No.17962891

>>17962858
Communists believe such negotiation is unethical and it is the manifestation of greed, which they believe that a human should somehow have absolutely none of.

>> No.17962939

>>17962891
"When gold speaks, every tongue is silent"

>> No.17963627

>>17962584
Commies know all about not working

>> No.17963684
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17963684

>>17962502
it doesn't violate the NAP. communism does though, let me fire up the copter real quick

>> No.17963940

>>17962502
making bait threads in inageboards never convinced anyone of being a communist
Source: am a communist

>> No.17964447

>>17962558
>Transfer of wealth from the middle class to the neet class.
ftfy

>> No.17964483

Stocks >>>>> usury

>> No.17965119

>>17962531
this
cringe commie OP BTFO

>> No.17965466

>>17965119
> I just made money doing jack shit
leech

>> No.17965523

>>17962502
A machine invented to separate poor people from their money. Boom, Justified.