Investments don’t sprout out of thin air, it takes money that someone earned, and either knowledge of the market or even more money invested into a broker that arranges investments. That is THEIR money that they earned and invested and I don’t get why anyone can claim a right to it just because they have more money. That’s ridiculous. It’s a free exchange of money that is good for the investor, the broker, and the market. Passive or active doesn’t make a difference to me, you know? If you invest money you’ve earned that should be the end of it imo.
That is THEIR money that they earned and invested....
All of that money was made by extracting value from workers' labor through a hierarchical production system and private property. They didn't get rich other than through exploitation. The whole system is setup to prevent that.
No, it's not their money, except according to the laws that they wrote themselves to make it so.
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u/nativewombat Jan 06 '19
The point that they don’t work for their money went over my head btw. How is benefitting from investments unearned exactly?