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  3. Why are people talking about taxing the rich -though I agree-, when the article is about safeguarding the European Capital Market?

Why are people talking about taxing the rich -though I agree-, when the article is about safeguarding the European Capital Market?

Scheduled Pinned Locked Moved Europe
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  • howru68@lemmy.worldH This user is from outside of this forum
    howru68@lemmy.worldH This user is from outside of this forum
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    wrote on last edited by
    #1

    Why are people talking about taxing the rich -though I agree-, when the article is about safeguarding the European Capital Market?

    It's about the danger of being vulnerable to actors holding strong (market) positions to negatively influnce the market. Like the security banking crisis of 2008.

    misk@sopuli.xyzM 1 Reply Last reply
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    • howru68@lemmy.worldH [email protected]

      Why are people talking about taxing the rich -though I agree-, when the article is about safeguarding the European Capital Market?

      It's about the danger of being vulnerable to actors holding strong (market) positions to negatively influnce the market. Like the security banking crisis of 2008.

      misk@sopuli.xyzM This user is from outside of this forum
      misk@sopuli.xyzM This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #2

      Some of us have been conditioned to understand „deregulation” as an attack on those that need protections most. This conditioning is due to real life experiences. 2008 banking crisis was not only caused by deregulation (which befitted the wealthy by design) but also resulted in a huge transfers of wealth due to bailouts that banks / wealthy got as an aftermath of the inevitable crash that it caused.

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