• I Cast Fist@programming.dev
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    10 hours ago

    Not every investment is in actually making things better for the invested company, many come with “you must fulfill this contract”, which is how firms like Blackrock destroy existing companies and get off even richer.

    Not to mention when the investment is in treasure bonds, which is esentially lending money to a state/country, which can make certain countries spiral into an unending debt whirpool, thus cutting actual investment the population needs

    • JustTesting@lemmy.hogru.ch
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      9 hours ago

      oh, definitely, and I’m not saying that they’re doing good or anything like that. I mean, the profits for investments have to come out of someone pockets. I’m just saying it’s a bit like having a parasite where removal might kill the host if not done carefully, not a free lunch where you just tax them and everyone lived happily ever after. They had a long time to embed themselves in all kinds of systems, and them not paying taxes is kinda built into the expectations of those systems.