• im_fine_sandy@nord.pub
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    15 hours ago

    Sorry none of this makes much sense.

    I’ve never heard a single person claim to be a capitalist.

    The “people who have the power to repossess your belongings” are lenders.

    In most developed countries, employees have pension funds, and those pension funds are likely invested in large corporations including lenders. The amount of money invested in this way, in the pension funds of employees, is far, far greater than that of a single obscenely wealthy investor.

    • Axolotl_cpp@lemmy.blahaj.zone
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      9 hours ago

      Where i live the pension is founded by taxes and spent only for pensions, isn’t like that in most developed countries except the USA and a few others?

      • im_fine_sandy@nord.pub
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        8 hours ago

        I don’t really know which countries have private pension funds.

        Certainly in countries with an ageing population it’s difficult to fund retirement pensions with tax revenue.