owning a stock is not having ownership of a company, a company owns itself and is beholden to its investors and capital owners. shares are an unrelated secondary market that at best it gives you limited rights to the proceeds of a company if and when the management decides to hand out dividends, or purchase your share through buybacks. there are different classes of stock, and common shareholders are usually at the back of the line on almost everything, from voting to debt and bankruptcy.
but who am i kidding these people don’t care they just want to own the libs instead of actually owning something.
owning a stock is not having ownership of a company, a company owns itself and is beholden to its investors and capital owners. shares are an unrelated secondary market that at best it gives you limited rights to the proceeds of a company if and when the management decides to hand out dividends, or purchase your share through buybacks. there are different classes of stock, and common shareholders are usually at the back of the line on almost everything, from voting to debt and bankruptcy.
but who am i kidding these people don’t care they just want to own the libs instead of actually owning something.
It’s actually interesting that this capitalist propaganda bait post is using Marxist terminology. it usually is at least one level obfuscated
idk there’s a certain class of ultraliberal that loves to say they “own their own means of production”
Me when I reinvent the petite bourgeoisie
I agree. It’s not owning the means, it’s owning a share in the exploitation.
Slight but important difference.