in one sense the stock market does have a life of its own, which insulates it from what Capt. Chaos does, but since it is also based on emotion, it is susceptible to whatever mania is drives the consciousness of a substantial number of people. The market affects all those who are invested in the 'market'. Those folks who do not own investments or hold market positions ( a large part of the working class who may not have 401k's) simply are compelled to go to work everyday in blind faith that the market will not crash and take everything down with it, as it has done in the past. In a capitalist system, we are all invested in the outcome. In a more managed authoritarian/socialist system, are the risks fewer or greater ?
in one sense the stock market does have a life of its own, which insulates it from what Capt. Chaos does, but since it is also based on emotion, it is susceptible to whatever mania is drives the consciousness of a substantial number of people. The market affects all those who are invested in the 'market'. Those folks who do not own investments or hold market positions ( a large part of the working class who may not have 401k's) simply are compelled to go to work everyday in blind faith that the market will not crash and take everything down with it, as it has done in the past. In a capitalist system, we are all invested in the outcome. In a more managed authoritarian/socialist system, are the risks fewer or greater ?
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