Hacker News new | past | comments | ask | show | jobs | submit login

> The shareholder / capital ownership class isn't exactly known for their desire to spread that ownership across the public broadly.

This seems like a cynical take, given that there are two stock markets (just in the US), it's easy to set up a brokerage account, and you don't even need to pay trading fees any more. It's never been easier to become a shareholder. Not to mention that anyone with a 401(k) almost surely owns stocks.

In fact, this is a demonstrably false claim. Over half of Americans have owned stock in every year since 1998, frequently close to 60%. [1]

[1] https://news.gallup.com/poll/266807/percentage-americans-own...




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: