this post was submitted on 28 May 2024
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Gaming
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I feel like corporations are inherently evil. The owners have no actual liability for the harm they do, and their highest calling is profits. I don't know how to encourage investment without the stock market, but I do know if you play a little game called "what is the end result," you'll quickly see a dystopian future where everyone is slaves except in name.
We'd better look into the French solution long before it gets to that point.
I invest in stuff that's not stocks all the time. When I give money to someone so that they will hopefully create a cool new product in the future (e.g. a video), I'm not paying for an individual product, I'm investing in them as a creator in hopes for future ROI. That's Patreon.
We treat the addiction to wealth accrual different from any other addiction, in that we laud it, but make no mistake that it is addictive. Watching numbers in your account go up gives you a rush, just as sure as watching numbers in a video game.
When other addictions cause harm, we push people to get treatment, or at very least condemn the addiction. When someone is addicted to the accrual of wealth, even to the detriment of others, we call them, 'genius', 'savvy', 'visionary', or 'shrewd'.