cross-posted from: https://lemmy.world/post/19930828
this post was submitted on 22 Sep 2024
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Ah yes, let's attack our neighbors who try to save their money, and let's ignore the bankers and politicians who created the system that incentivizes this behavior.
Exactly. Stockholders are not the problem - corporate concentration of wealth and power is the problem. Attacking me for having a 401k is just crabs-in-a-bucket mentality.
No one is attacking you for your 401k... The problem is that the richest 10% own 93% of all stocks, and the 1% own 54%. Your 401k almost certainly falls into that 7% the peasants "own". When we point a finger at "stock holders" we're talking about the relatively small group that owns everything and would rather kill everyone than share the wealth equitably.
Have you read the text in the image?