What is the stock market if not a way for society to allocate resources? | Hacker News

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terribleperson 67 days ago | parent | context | favorite | on: The Kaiser and a "Mediocre Man" Theory of History

What is the stock market if not a way for society to allocate resources?

credit_guy 66 days ago [–]

So you'd ban stock markets? Or ban people from investing in companies where one shareholder is a billionaire?

terribleperson 66 days ago | [–]

Did I say that? No, I responded to the claim that people were not allocated resources by society.

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