Reddit shares plunge almost 25% in two days, finish the week below first day close

Hubi@feddit.de to Reddit@lemmy.world – 833 points –
Reddit shares plunge almost 25% in two days, finish the week below first day close
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Nothing's real πŸ˜…πŸ˜“

Capitalism is literally a pyramid scam.

Why do people keep misrepresenting capitalism as some silly boogie man? This is just as stupid as people claiming socialism is innately bad.

Because most people don't recognize a fundamental difference between capital "C" capitalism (the economic principal of supply and demand. and "venture capitalism" which is about speculating on a business' future based on what essentially amounts to a magic 8 ball.

Because people don’t understand what the word means. They just want upvotes for saying capitalism is bad.

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