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Stock Exchange is just a lot of rubbish
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by
 
on 2008-11-22 06:50:21 |
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I strongly despise stock exchanges. The trade itself are numbers that suppose to measure one company's strength in the market. Sure it benefited the economy of the country, but it is just filled with greed and competition. The rich feels poor by saying their level of wealth is not enough. Capitalism keeps on polluting anyone's minds, and people seem to see it as an acceptable thing. What do you think? |
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Re: Stock Exchange is just a lot of rubbish
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im not educated thoroughly enough about it to have a definite opinion, but as far as history goes, it helped america out more than it hurt it. up until now. 
wooo maplestory |
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Re: Stock Exchange is just a lot of rubbish
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| Raystorm, I wouldn't agree so much in this respect... Check out on how actually powerful the US economy is and you will see that its economy is not as 'bright' as it appears to be... |
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Re: Stock Exchange is just a lot of rubbish
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by
on 2008-11-22 15:51:54 (edited 2008-11-22 16:01:22)
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The stock exchange is an optimization of a process. This process is the trading of ownership of a company. A company is a formalization of a system that produces goods or performs services. In any economy, goods are necessarily being produced and services are necessarily being performed. In the simplest possible economy, this is done by the individual at their own discretion. Due to the economics of scale, cooperation improves productivity. I would offer for stipulation that increased productivity is "a good thing". So, in order to improve productivity, we would want to, among other things, enter into cooperative relationships. These relationships can be seen as companies, wether it is formally agreed upon or not. Along with the concept of a company comes the concept of ownership of that company. Now, who is to be the owner? The founder? What if he dies? What if he want's to move on? We MUST have a method for trading ownership to prevent a company from dissolving with the death of it's founder. So too must we formalize this process to handle claims of unfair ownership. In this day and age of computers, we can trade electronically to great benefit to all parties. That is the stock exchange! A logical consequence of: 1. An economy 2. Cooperation 3. Ownership 4. Computers Woots, what you're really angry about is that people make quick easy money in the stock market. I agree that this is unfair, but I disagree that it is the fault of the stock exchange its self. It is a fault of the regulatory system. The regulatory system is what prevents the free market from harming individuals. Conversely, it also protects the free market from individuals who game the system. I, too, would like to solve that nasty problem of rich business guys who don't deserve their money. I think the solution lies in taxation, and restrictions on trading stocks. Also, importantly, we need to enforce the existing laws with extreme diligence. In other words, strike fear into the hearts of douchebags. 
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Re: Stock Exchange is just a lot of rubbish
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Stocks are a great thing, not only allow the growth of business activities through the injection of money on the social capital but at the same time is a essential tool on lowering risks regarding civil responsibility of joining a business enterprise. However the origin of stocks is not the problem but how it's traded on the respective markets, the problem of speculation. That simply can't be avoided, once people will always gamble on the value of certain stocks or others financial instruments. Lately, for instance, there's some speculation regarding moratory in some european countries, driving insurance related to that really high on contracts with governments. Taxation and regulation are complicated stuff, because what exists in most places are simply dumb government intervention, which leads primarily to capital run off and some long term damage to capitalization of companies, and that's exactly the problem I see on the U.S., politicians wanting to do some quickly produced laws to solve complex problems inherent to the system. I like stock markets, they're a fundamental, but the excess of regulation or the lack of it is way dangerous to people; to the market, like all things on capitalism, it'll recover itself with time, but the damage to the people is not so easy. |
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Re: Stock Exchange is just a lot of rubbish
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by
on 2008-11-24 11:41:42 |
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From my understanding of the so called stock market. It is where companies, manufacturers etc. sells of some of their stocks to businessmen, stock brokers(forgive if I'm wrong)... I think it's a good move. since it gives them more capital by making other people pay for some of their production and product improvement. In turn these businessmen get back what they invested plus some extra, if the stocks do get sold. Of course there is always a risk in buying stocks. though it's a bit off topic. I think competitions are good. since it promotes product improvements and lower prices. Makes us consumers happy. ^_^ as long as they don't do sabotage ans stuff. |
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Re: Stock Exchange is just a lot of rubbish
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let's get an opinion from someone from a communist country. I'd be interested in their opinion. maybe they could point out something wrong with our system in general that we americans and capitalists fail to see.
wooo maplestory |
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Re: Stock Exchange is just a lot of rubbish
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To begin with, I don't know who wrote this stuff but his or her opinions are not only biased but also flawed in many ways (I will not go into into detail about it but they ARE flawed)... As for the rest I agree with you Gendou.com administrator but your suggestions present themselves to be something like an utopia due to the fact that it assumes that the 'regulators' remain neutral and unaffected by varioius parameters (I assume that you get the idea what I am implying here). Unfortunatelly, this is not the case... |
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Re: Stock Exchange is just a lot of rubbish
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by
on 2008-11-27 11:06:13 (edited 2008-11-28 01:50:53)
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I feel like I made no Utopian suggestions, nor any suggestions at all. All I have done is point out that a stock market follows as a logical consequence of several agreeably desirable aspects of our world. In the USA, we have a democratic system complete with checks and balances to negate the effects of individual bias. This can be applied to individuals who shape the regulatory policy, as well. Obviously, this system has not worked without fault, but it does not claim to. Nor does it claim to work fast; it is a slow process. I think what we see in our economic climate today is a symptom of regulations that are not yet perfected. They will get better, through hard work and relentless effort by policy makers and concerned voters alike.
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Re: Stock Exchange is just a lot of rubbish
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Well, hi to you Gendou (I hope that I can call you this way). First of, I did not intend to insult you (if so than please accept my apologies); but to have a conversation here (or exchange of opinions)... To begin with, what I was referring to as an utopia, in a sense, was to your following comment: 'In other words, strike fear into the hearts of douchebags'. If, that would be the case then apparently various things would definitely be better or at least, different... Now, to the other issues, my dear friend (I am saying it honestly without any tone of arrogance in it), allow me to make reference to what you said: 1. You say 'logical consequence of several agreeably desirable aspects of our world'. Define the terms ‘agreeable’ and ‘desirable’, because if you mean them the way I understand them than, in this case I would suggest you to read/study history (preferably start from 1825 and onwards) on how the market was formed and how “agreeable†the terms were set. 2. You say ‘This can be applied to individuals who shape the regulatory policy, as well’. I would add: consider who these individuals are/were and for whom they are working with/for. 3. You say : Obviously, this system has not worked without fault, but it does not claim to. Nor does it claim to work fast; it is a slow process’. Well, but it claims to be the best… but is it so? 4. As for your final comment: ‘They will get better, through hard work and relentless effort by policy makers and concerned voters alike’. This implies that the US market has a solid and in a sense a ‘healthy base’ on its economy. However, the market is basically still moving due to various factors that in a broader sense create a ‘superficial economy’. (If you cannot follow what I am implying than look at the various bonds that are moving the (stock) market, credit cards, debt etc. This will give you a very good idea about things)… |
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Re: Stock Exchange is just a lot of rubbish
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by
on 2008-11-28 01:58:03 |
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0. Fairness is very important to people. People tend to decry unfair actions and praise fair actions. It is seen as unfair that, by douchebaggery such as lying, cheating, stealing, and swindling, a person should profit. This is why such action is, to a reasonable extent, illegal. Enforcing these laws is important, and in the lending market today has been relaxed upon. If you call enforcing the law a Utopian dream, I call you a sad cynical bastard. 1. You are being a passive-aggressive ass. Fuck you for suggesting that I don't know my history. Seriously. Agreeable. Desirable. Happy? Ass. 2. Checks and balances DOES apply to the influence of individual policy makers. One dude can't just re-write some policy because some lobbyist bought him a yacht. Theoretically, there's oversight and accountability. Not enough of it, and that's one of the problems I've addressed. 3. What claims to be the best? The American system of government? I didn't say that. I wouldn't choose to argue for or against that. I'd say, who knows. What I did say is that the stock market is a logical consequence of 4 things. ANY economy where there are ANY computers, ANY cooperation in the form of companies, and ANY individual ownership of those companies WILL have a stock exchange system of one sort or another. The topic at hand is "I strongly despise stock exchanges ... What do you think?". What I think is that anyone would stipulate that we could not do without an economy, companies, ownership of companies, or computers. So, too, we cannot do without a stock market. So, instead of despising it, let's think about how to make it better. Perspective. Not "America is the best". You have totally perverted my intentions. But, then again, you're Greek, so I don't blame you for mistrusting a foreigner like myself. 4. Dude, you are a lunatic. Of course things will get better. Recessions come in cycles. It is clear you have economy-envy and are only interested in criticizing America. There is no other purpose to these intentionally inflammatory remarks. You're banned. Why is it that some people, right before they insult you, say, "I don't mean to insult you, but..."?
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