It serms incredible to me to give over a billion dollars to a random person.
By that measure, playing the stock exchange is just an advanced version of lottery.
It is, except for the way that money is derived from the labour of the workers, and the fact that you’re not likely to make lifestyle changing amounts of money without already having a significant amount of money to gamble in the first place.
Not to mention the system is arguably much more “rigged” thanks to the major players in the scene, when you buy a lottery ticket you aren’t competing against giant corporations that spend millions on figuring out the best way to buy lottery tickets.
Not really. Dividends always include value stolen from the workforce and the end customer in low pay and shoddier quality as enforced via a policy of shareholder primacy.
Anyone who hold stocks in a private company is stealing from the public.