That’s what public companies are. You buy their shares to help out with business and they share their profits. How much more of them do you want?
That’s what public companies are. You buy their shares to help out with business and they share their profits. How much more of them do you want?
Because inflation and stock markets are going nuts. And since everyone working has their pension invested, their wealth went up as well. Plus house prices went up. The problem is that people confuse wealth with money. And wealth is not money. You can’t buy bread with wealth.
Everyone’s wealth doubled.
That’s a great point! Let’s discuss it!
You see, regulations can be split into two categories: consumer protection and business protection.
Consumer protection policies and regulations protect consumers from business malpractice. For example, here in Europe we have 1-2 years (depending on the country) of warranty for every product sold enshrined in the law. And that’s something unheard of in the US, because communism or something.
On the other hand, business protection regulations protect existing businesses against competition. A good example is software patents: so common in the US, non existent in Europe.
Somehow when lobbyists are brainwashing American public to get more regulations, they’re talking about business protection and when they want to deregulate something they’re talking about removing consumer protections and American public makes the wrong choice every time.
Speaking of planes you can see this in Europe again: no competition regulations for air lines, yet strong consumer protections resulting in loads of air lines popping up all the time.
The problem with any deregulation theory is that deregulation does not exist. Especially in a country like US.
No, they’re not different. If you’re creating a co-op - your partners are still shareholders and investors. The only difference is that co-op is private, but public company is… Well, public. But the end result is the same.