I apologize for misinterpreting what you were trying to say, it seemed to me that you were agreeing with everything the author said, which was wrong.
While the author is right about the ownership structure of the economy I think that the whole article comes to very wrong conclusions. Also some background info that may be of interest. The author is some guy that posts on r/superstonks which makes me believe that he is very much a proponent of capitalism, although I can understand that it may not seem so by just reading what is on the website. Admittedly, it also took me a good portion of the text to get suspicious. A few things that gave it away were:
Them admitting that an investigation into GameStop started their investigation
The repeated references to Orwell’s “1984” which is basically CIA-funded anticommunist propaganda
The assertion that a few people controlling the means of communications was the same as what Marx advocates for in the communist manifesto, so basically equating the problems of capitalism with communism
Though I haven’t read the entirety of the article I feel like the author is criticizing capitalism from a rightist point of view, basically arguing that there isn’t really a free market because it’s all controlled by a few individuals. This seems especially plausible when you take into consideration that they are trying to make money off of stocks but feel like they are being scammed by the big players in the market who play both sides. This is basically the whole thing Wall Street Bets was complaining about with the shorting going on against GME. It is primarily for this reason that I believe this investigation is severely misguided and we should refrain from spreading such stuff. I thought you were agreeing with this. While there is a valid point to be made in a lot of instances to “take the good and leave the bad” I don’t think it applies here due to the blatant anti-communism and the availability of much more thorough and in depth analysis of these issues. I believe Marx’s “Das Kapital” is a good resource on this, especially the concept of centralization of capital, although I will also admit that I do not fully understand this concept as I haven’t found the time to thoroughly study it yet. Furthermore, the author just randomly brings up vaccines at some point and also talks about the Rothschilds which is very sus when arguing that a small elite of people control the world economy. The whole thing kind of smells like some conspiracy theorist doing some actually decent research (as in the part about Investment firms owning everything) to then spin it in a direction that completely contradicts the evidence he presented, namely that we have to fight these evil guys owning everything so they can’t run the stock market anymore and the small man can also make a profit on stocks.
Edit: Also I apologize for the condescending tone I used towards you, I thought you were one of this stock guys trying to spread their stuff here, sorry 😅
I apologize for misinterpreting what you were trying to say, it seemed to me that you were agreeing with everything the author said, which was wrong.
While the author is right about the ownership structure of the economy I think that the whole article comes to very wrong conclusions. Also some background info that may be of interest. The author is some guy that posts on r/superstonks which makes me believe that he is very much a proponent of capitalism, although I can understand that it may not seem so by just reading what is on the website. Admittedly, it also took me a good portion of the text to get suspicious. A few things that gave it away were:
Them admitting that an investigation into GameStop started their investigation
The repeated references to Orwell’s “1984” which is basically CIA-funded anticommunist propaganda
The assertion that a few people controlling the means of communications was the same as what Marx advocates for in the communist manifesto, so basically equating the problems of capitalism with communism
Though I haven’t read the entirety of the article I feel like the author is criticizing capitalism from a rightist point of view, basically arguing that there isn’t really a free market because it’s all controlled by a few individuals. This seems especially plausible when you take into consideration that they are trying to make money off of stocks but feel like they are being scammed by the big players in the market who play both sides. This is basically the whole thing Wall Street Bets was complaining about with the shorting going on against GME. It is primarily for this reason that I believe this investigation is severely misguided and we should refrain from spreading such stuff. I thought you were agreeing with this. While there is a valid point to be made in a lot of instances to “take the good and leave the bad” I don’t think it applies here due to the blatant anti-communism and the availability of much more thorough and in depth analysis of these issues. I believe Marx’s “Das Kapital” is a good resource on this, especially the concept of centralization of capital, although I will also admit that I do not fully understand this concept as I haven’t found the time to thoroughly study it yet. Furthermore, the author just randomly brings up vaccines at some point and also talks about the Rothschilds which is very sus when arguing that a small elite of people control the world economy. The whole thing kind of smells like some conspiracy theorist doing some actually decent research (as in the part about Investment firms owning everything) to then spin it in a direction that completely contradicts the evidence he presented, namely that we have to fight these evil guys owning everything so they can’t run the stock market anymore and the small man can also make a profit on stocks.
Edit: Also I apologize for the condescending tone I used towards you, I thought you were one of this stock guys trying to spread their stuff here, sorry 😅