LogFAQs > #973602206

Agreed, but it's a lot to unpack.
Stock market is crazy, as well as the way companies are structured - authoritarian, like a dictatorship.

Whether you're investing in a company, sector, or even shorting them, that messes with your head. A company can do a terrible thing like mass layoffs, and in the back of your head, you think that will free up their cash flow for the upcoming earnings report. It's kind of disgusting. I'd rather the stock market invest in more tangible goals directly, kind of like kickstarter. Companies themselves should be structured a bit more democratically, with more influence from employees and the population.

As for "passive income," I think it's a good thing in terms of what it aims to do. Once you have $1-2MM, you can utilize your capital or some other asset to provide yourself passive income. It's used to provide financial independence where they no longer need to rely on productivity to survive.

Overall, I think that goal is good, but the middleman of raising capital and stealing from others (landlording) is in the way. Basic necessities of food, housing+utilities and education should be provided, while we can use a market for everything else. It'll also get rid of a bunch of useless jobs like telemarketing, advertising junk you don't need, a bunch of loaning/financial services, etc.