this post was submitted on 27 Sep 2024
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A Boring Dystopia

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[โ€“] bizarroland@fedia.io 4 points 2 months ago (1 children)

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.

[โ€“] Sanctus@lemmy.world 4 points 2 months ago

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.