Luigi Mangione

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Luigi Mangione prosecutors say they didn't eavesdrop on his call with defense attorney (abcnews.go.com)

submitted 3 weeks ago by Five@slrpnk.net to c/luigimangione@lemmy.world

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[–] EstonianGuy@lemm.ee 42 points 3 weeks ago (2 children)

Humanity needs more Luigis for the cause of equality, the rampant capitalism has gotten way out of hand. It’s insane that 1% of the population owns 50% of the stock market.

[–] mjhelto@lemm.ee 19 points 3 weeks ago (1 children)

It’s insane that 1% of the population owns 50% of the stock market.

And actively uses that ownership to shut down any trading they don't like and leverage the money they gain to buy up assets and change the stock market rules so they own even more. Give tRump time and we just might see more Luigi's in the country, and they may include expansion to a political few as well!

[–] 0x0@lemmy.zip 3 points 3 weeks ago

Give tRump time and we just might see more Luigi’s in the country,

100 days not enough?

[–] Kecessa@sh.itjust.works 0 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

0.068% of the population owns 1.5% of the stock market... It's the Norwegians with their pension fund!

Funny how nationalization of natural resources and investing for the future can enrich a whole country instead of a few billionaires...

[–] HubertManne@piefed.social 5 points 3 weeks ago

another huge problem with the stock market is when they privatized retirement you have no thought investment. Huge amounts of the market value is due to there being nothing else to do with the money. Most of the extreme wealthy can't do anything with their money so they throw it in and then retirement can't be used until retirement so its thrown in. Only a really small set of investors are analyzing companies for actual profit potential. Its why the whole thing is such a house of cards now.