Quote:
Originally Posted by Huehuecoyotl
This is correct but that's retirements account in total own 37%, while very few people own the remaining 63%. So you have hundreds of millions of people own 37% while very few people own 53%. It becomes painfully obvious that very few people have the ability to "control the means of production" while the reminder just become a shield to protect those few people's decisions.Also the truly pathetic few whose cheeto flecked hands try to defend something that they have no participation in just to try to get one up on those terrible liberals.
What are you talking about?
25% is owned by Foreign Investments, insurance companies ($1.6 trillion, or 5.6%) and nonprofits ($956 billion, or 4.2%).
In 50 years, the amount of stock owned by individual investors and funds outside retirement and nontaxable accounts such as 529 college-savings plans has dropped off a cliff — to about 25% in 2015 from over 80% in 1965.
Sigh.