The share of investments made in the European chip sector shrank compared to worldwide spending, falling from around 10% in 2000 to 4% in 2010, according to the European Court of Auditors. Since then, the situation has not improved.
The share of investments made in the European chip sector shrank compared to worldwide spending, falling from around 10% in 2000 to 4% in 2010, according to the European Court of Auditors. Since then, the situation has not improved.
I am arguing that the people have to be the stockholders so that the profits stay with the people. That is the opposite of what capitalists do. How have you understood my comment that you think I am a parasite?
Private equity and hedge funds are already overwhelmingly funded by pension funds. I don’t understand how much more you want to extract from working people. The real question is why are we letting the inbred offspring of the former nobility manage our funds under the guise of expertise when it’s been shown that an octopus can outperform them when it comes to long term returns from investment strategy. They give our money to dude bros to invest in brilliant ventures like FTX and we’re left holding the bag. That’s why you’re a traitorous parasite, you want to extract even more from those who already contribute the lion’s share.
Because people prefer to call me a parasite instead of organising it themselves.
Of course, some people have additional money but that is not enough to outcompete the rest of the world: https://commission.europa.eu/topics/eu-competitiveness/draghi-report_en page 280 of part B.
Everything comes fron the workers. If the workers don’t own it, others take it. People won’t do a revolution. How else but with investments can workers own more?
The reference you shared says exactly the opposite of your point. It points out fragmentation and lack of uniform regulation… Which happens to mirror some of my arguments.
Jesus, lemmy sometimes reddits.
I have no objections to your suggestions. Tax buybacks!
My problem is with:
I hope the quote above clarifies why more investments from regular people would be a good thing.
You did not understand the quote you shared. We already save more. Regular people don’t have the fiscal or financial education to make good investments. The problem is our investment class is filled out by amoebas that belong to inbread lineages.
People also couldn’t read.
We have to find a way that the money of people ends up in innovative companies that employ the people while they also own the companies. We can’t rely on the amoebas. So the people have to figure out who of them should make the investment decisions instead. There is nobody else who could do it.
Incentive structure. Make a unified tax code with progressive corporate tax with per capita allowances based on local workforce size.
That’s what I’ve been saying from the beginning. People’s money is already invested.
It is invested, but not to the extend of the US. It is in saving accounts where the bank shields the people from risk.
The banks cannot invest that money in risky startups due to regulations. This means even European startups end up in the ownership of American capitalists because they get the funding from there.
The per capita tax structure is an incentive to maintain a local workforce. I don’t think that it helps to have the funding for more new ventures that would employ that workforce.