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by rorykoehler
3747 days ago
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>You have to be really stupid to think that, and deny all the benefits to our society that capitalism enables. I never did that. I'm well aware of the benefits capitalism has brought society, just as I am aware of the damage it has also caused. I can guarantee you the majority of capital pumped into businesses does not come from the people who will do the work. |
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Well, it comes from the people that invest money (investors), others invest work/time, and they all get the benefits.
Funny enough, a large chunk of invested capital these days (both in equities/index funds, as well as hedge funds and PE/VC) comes from... drumrol: workers (or, more precisely, their pension funds)! In this case, I actually totally agree that it's stupid and unrealistic to expect a risk-free, forever-growing, >4% compound return by doing what everyone else is doing, but unfortunately, the whole pension system is flawed this way, there's not much we can do about it (individually).