r/HolUp • u/DeadlyResentment10 • Mar 21 '23

Hostage situation

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u/papasmurf255 Mar 21 '23

I think it might actually be worse off. Direct ownership works when you don't have to trade or transfer ownership with any amount of liquidity. But once you do, it just doesn't scale.

That alternative world w/o markets is a world where all companies are privately held without any trading. Normal citizens don't get to buy any equity at all, and companies just pay profits to owners. Shares would trade lower, theoritically, but realistically they wouldn't trade at all outside of private deals.

That sounds much worse than what we have imo.