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by JohnJamesRambo
2290 days ago
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How about no companies are allowed to buy their own stocks? It makes no sense and just sets up a company to focus on one thing- raising the stock price. When all the companies do it, it seems like an elaborate multi-sector price fixing scheme. If they all have so much extra money, they could be lowering the prices on their products for consumers. |
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If you want to entirely abolish capitalism, so be it, that's a position many smart people do indeed hold, but I'm not sure if you realized that that's what your position is basically tantamount to.