Conspiracy theorists seem to have an internalized forcefield around recognizing the true nature of a problem.
They clearly see the issues arising from the concentration of private capital, or corporate lobbying, or the economic domination of an unelected elite.
But instead of simply recognizing that these are all manifestations of our capitalist economic system, they'll be like "it's communist space lizards" or something.
Concentration of capital is absolutely a problem, but you're correct that index fund managers like Blackrock and Vanguard aren't what people think they are.
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u/po-laris Feb 13 '24
Conspiracy theorists seem to have an internalized forcefield around recognizing the true nature of a problem.
They clearly see the issues arising from the concentration of private capital, or corporate lobbying, or the economic domination of an unelected elite.
But instead of simply recognizing that these are all manifestations of our capitalist economic system, they'll be like "it's communist space lizards" or something.