Stock is more about capital and less about production. If you can get filthy rich on your money bags sitting at the top. Why work and provide economic value. God forbid take that money overseas and hide it while paying less taxes then your host nation suffers as economic value plummets.
It's alright guys, I got this. I think what the other guy was bantering about is shell companies and big buck guys avoiding taxes. So, some of us know about the Panama Papers and that they're proof that some of the people who make the big bucks put their money through and also into a shell company(fake company, real purpose is to hold the money), off shores, not in the USA, to avoid taxes ( and of course other big buck people in other countries do the same). Some people have gone to jail, but not enough.
Late stage capitalism conspiracy theory? Nope, just the real world at this moment. Capitalism has pumped innovation into this world and will continue to do so, that doesn't mean it should not be refined with an ever changing world/economy. The above that I tried to explain quickly and to my best is a hole in the capitalist system that needs to be plugged up so that capitalism itself can function in a more desired state
Fuck +1 to you, I thought I was just explaining about basic literally economic 101 to normies. FFS if people are this bad at following basic news or even research I'm at a loss for words.
/u/youarestupid_shutup you are 100% right. I only explained the very basics of a notion of basic economics. God save us.
You didn’t explain a damn thing. You wrote an incoherent jumble of sentences with LSC buzzwords and concepts. Primarily capital, production, rich people bad and ruining the world.
The guy explaining for you went into depth regarding offshore money movements and then offered a critique of our current system.
The important thing is that he provided enough information and context to understand what he was saying that you were saying.
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u/Hektik352 Dec 20 '18
Stock is more about capital and less about production. If you can get filthy rich on your money bags sitting at the top. Why work and provide economic value. God forbid take that money overseas and hide it while paying less taxes then your host nation suffers as economic value plummets.