this post was submitted on 14 Sep 2023
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Listen here, kulak... (i.ibb.co)
submitted 1 year ago by Cleverdawny@lemm.ee to c/memes@lemmy.ml
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[–] huge_clock@lemmy.world 0 points 1 year ago (2 children)

Owning public stock is legally indistinguishable from directly owning a joint business venture.

[–] FluffyPotato@lemm.ee 7 points 1 year ago (1 children)

Plenty of things are legally indistinguishable but real world applications are often quite different.

Though I would also challage that claim since owning a joint business gives you legal deciding power while owning 1 stock does not, you get zero votes from that.

[–] huge_clock@lemmy.world 1 points 1 year ago

It depends on the percent of the company you own.

[–] zbyte64@lemmy.blahaj.zone 1 points 1 year ago (1 children)

Gee, who decided what is legally equivalent? Certainly not the people with wealth to buy politicians and judges.

[–] huge_clock@lemmy.world 1 points 1 year ago

I have no idea what point you’re trying to make.