Multinationals need to go, there's no benefit to the consumer. We have only had an illusion of a free market. Coke and Pepsi have huge chunks of their stocks owned by the same corporations. Blackrock, Citicorp, Vanguard, etc... They also own each other's stock.
A sole Proprietorship or Partnership are better type of companies
Most of the stocks are owned by everyday people, yet a select few people make the decisions. WEF has a list of partners that consists of hundreds of corporations. They have too much power. Some day I might add up the market cap of all these corporations just to see how many trillions they control. Apple and Microsoft 1st and 3rd total 5 trillion in market cap alone and are WEF, Interestingly Number 2 Saudi Aramco is not listed as a WEF member though several other Saudi companies are. Estimated World market cap is 91 Trillion. I'm interested in seeing how much of that is WEF controlled. Click on Partners on this page then all partners. https://www.weforum.org/partners
Every time an item changes hands the price goes up, and these people move everything through as many hands as possible. Parimutuel wagering works like that as well. You aren't betting against the house, and the house gets a cut every time the money passes through the window.
Multinationals need to go, there's no benefit to the consumer. We have only had an illusion of a free market. Coke and Pepsi have huge chunks of their stocks owned by the same corporations. Blackrock, Citicorp, Vanguard, etc... They also own each other's stock.
A sole Proprietorship or Partnership are better type of companies
Most of the stocks are owned by everyday people, yet a select few people make the decisions. WEF has a list of partners that consists of hundreds of corporations. They have too much power. Some day I might add up the market cap of all these corporations just to see how many trillions they control. Apple and Microsoft 1st and 3rd total 5 trillion in market cap alone and are WEF, Interestingly Number 2 Saudi Aramco is not listed as a WEF member though several other Saudi countries are.
Every time an item changes hands the price goes up, and these people move everything through as many hands as possible. Parimutuel wagering works like that as well. You aren't betting against the house, and the house gets a cut every time the money passes through the window.