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Stegiel's avatar

Casino gambling high stakes.

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Rob (c137)'s avatar

Funny how the more connected they get, the more unstable.

But the more connected we get, the more stable!

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Stegiel's avatar

Depends I think on the connection among the people. And I am not sure that Das Kapital is more unstable. Once upon a time failure was not rewarded.

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Duchess's avatar

Where do you see Blackrock, Vanguard, State Street and their global shareholders Gates Foundation, Clinton Foundation, open society ?

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Stegiel's avatar

Duchess this science study was done in 2011. I am not sure science analysis has been done since. Obviously more concentration of ownership in fewer hands is what we have today. Informal studies I know exist such as this one that are more recent. https://redfireonline.com/2022/01/20/black-rock-the-vanguard-group-who-owns-planet-covid/ But I also think the Forbes piece on Index funds (also over ten years old) explains how the complexity can be simplified.

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Duchess's avatar

It bothers me that every major corporation can be tracked back and in all the major shareholders are these three entities...whose biggest shareholders are these non profit foundations. This indicates to me a lack of antitrust policing coupled with a long term game plan only made possible by the huge concentration of wealth in few owners.

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Stegiel's avatar

Regulators and laws shape the big money world. Even A.I. would be corrupted unless it took over, and perhaps it is, perhaps rival A.I's are moving meat puppets.

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Duchess's avatar

I'm kinda thinking that a smart math brain would figure out that this pattern in a stock market/capitalistic society is an inevitable result...and once we know that, maybe we can put limits...or figure out something better.

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