I’m looking for your deepest abstracted definition of the history and political nuance, the philosophical, the ethics, the evolved and historical meaning, and the meaningful impact it has had in evolving political structures and systems.

This is not ELI5, or a dumb question like “What is the stock market,” /s… It is a question of dumb contexts like: what is it really under the surface, or what is it in your opinion, or what is it in principal, or what is it used for as a justification for other parts of society?

  • Modern_medicine_isnt@lemmy.world
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    3 months ago

    I think that a lot of people ascribe a lot of depth to how the stoke market works that is really just a farce. When it comes down to it, the stock market is a corporate popularity contest. The concept of stock was a way for someone to get a peice of the action without having to actually know or do anything. And it acted as a way for the wealthy to annoint people as worthy. Nowadays , due to growth in the number of people involved, popularity is really all that matters. People will claim it is about revenue and such, but it really is about will other people buy the stock for more.