SaltyAmerican@lemmy.world to Late Stage Capitalism@lemmy.world · 16 hours agoThey dont understand big wordslemmy.worldimagemessage-square64linkfedilinkarrow-up1743arrow-down17
arrow-up1736arrow-down1imageThey dont understand big wordslemmy.worldSaltyAmerican@lemmy.world to Late Stage Capitalism@lemmy.world · 16 hours agomessage-square64linkfedilink
minus-squarespacegoat@lemmy.worldlinkfedilinkarrow-up2arrow-down1·11 hours agoIsn’t anyone with one share of a stock a capitalist?
minus-square4am@lemmy.ziplinkfedilinkarrow-up6·11 hours agoTechnically yes but it’s a difference without a distinction since you really don’t carry any power unless you have a plurality or greater of shares in a given company
minus-squarespacegoat@lemmy.worldlinkfedilinkarrow-up2·11 hours agoWhat if someone had a few hundred million across various ETFs, still with no voting power
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·11 hours agoThen they are a rich wagie
minus-squareAllNewTypeFace@leminal.spacelinkfedilinkarrow-up3·11 hours agoIf your dividends are just enough to get you a cup of coffee every once in a while, you’re a microcapitalist.
Isn’t anyone with one share of a stock a capitalist?
Technically yes but it’s a difference without a distinction since you really don’t carry any power unless you have a plurality or greater of shares in a given company
What if someone had a few hundred million across various ETFs, still with no voting power
Then they are a rich wagie
If your dividends are just enough to get you a cup of coffee every once in a while, you’re a microcapitalist.