this post was submitted on 13 Feb 2025
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This is why the stock market was, fundamentally, a trojan horse. It was created so capitalism could intertwine the peoples wealth and retirement funds to the success of the wealth of the oligarchy, making the entire market too big to fail.
Now the entire system is designed to prevent damage to companies, no matter how moral, unethical, or criminal. The success of corporations IS treated as equal to "national security".
In the end, the stock market is a natural logical progression from the starts of capitalism, and the situation we are in today is again closer to capitalism logical conclusion
From capitalism's basic principles, profit above literally everything was always bound to happen. Just how evolution happens through natural selection. It's a similar process. Because ultimately capitalism is an economic system built on competition, not cooperation.