Those sound like a great ideas, although I have to question the immense burden it would put on any governing authority, still seems better than the current system though.
As a counterpoint, stock markets (or any structured form of capital investment) require infinite growth, not only is this unsustainable, but it will always prioritize the profit motive over ethical concerns.
In addition, in a market where capital controls expansion, it will always benefit those with capital and by extension power to loosen those regulations.
To summarize, regulation will win you the battle but never the war.
These are just AI ramblings. But for the sake of the argument I don’t think the stock market requires infinite growth per se.
Shareholders could just as well be happy with the dividend payout. Say you gave your apple farmer 20 units of wood to build a fence and storage, and in return he gives you an X amount of apples per fiscal quarter.
But this is hypothetical and in the capitalist system we enjoy you are right of course.
Though I will say that we could definitely regulate more. I would always be more inclined to put my faith in a regulatory body than the powers of the free market.
Those sound like a great ideas, although I have to question the immense burden it would put on any governing authority, still seems better than the current system though.
As a counterpoint, stock markets (or any structured form of capital investment) require infinite growth, not only is this unsustainable, but it will always prioritize the profit motive over ethical concerns.
In addition, in a market where capital controls expansion, it will always benefit those with capital and by extension power to loosen those regulations.
To summarize, regulation will win you the battle but never the war.
These are just AI ramblings. But for the sake of the argument I don’t think the stock market requires infinite growth per se. Shareholders could just as well be happy with the dividend payout. Say you gave your apple farmer 20 units of wood to build a fence and storage, and in return he gives you an X amount of apples per fiscal quarter.
But this is hypothetical and in the capitalist system we enjoy you are right of course.
Though I will say that we could definitely regulate more. I would always be more inclined to put my faith in a regulatory body than the powers of the free market.