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Joined 1 year ago
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Cake day: August 9th, 2023

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  • Snipe_AT@lemmy.atay.devtoMemes@lemmy.mlYou did it Mary!
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    1 year ago

    If I’m being honest, I don’t understand this angle. Why are stock buybacks immoral or wrong? Isn’t it simply using extra cash in a company to buy back stock from shareholders? With the same demand and reduced total stock, of course the price is going to go up. But the total market capitalization remains the same. I don’t understand why this is somehow wrong. Can someone help me out?







  • Snipe_AT@lemmy.atay.devtoMemes@lemmy.mlThe rent is too damn high
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    1 year ago

    CCP began to implement the collective ownership of expropriated land through the creation of Agricultural Production Cooperatives, transferring property rights of the seized land to the Chinese state.

    and then it seems that the government came in to scoop it back up, although that may have been better than what was going on in 1950s China.