this post was submitted on 27 Sep 2024
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A Boring Dystopia
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Thats great, you can still save pensions. Use the wealth you are redistributing to ensure pensions. The billionaires have enough for all of us to retire. I'm not advocating for instant destruction. I'm advocating for removing it and replacing it with a system that promotes cooperation and resource efficiency instead of one that solely focuses on financial gain.
The stock market is one of the reasons why we don't have pensions anymore. Companies realize that it's a lot cheaper to pawn off the responsibility of covering your own retirement on the people who work their entire lives for you.
They actually gave the job to a bunch of sycophants who transform it into some immaterial form using strange magic. It is unclear if this will hinder or benefit you. The sycophants use their commission to buy blow.