• huge_clock@lemmy.world
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    1 year ago

    Owning public stock is legally indistinguishable from directly owning a joint business venture.

    • FluffyPotato@lemm.ee
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      1 year ago

      Plenty of things are legally indistinguishable but real world applications are often quite different.

      Though I would also challage that claim since owning a joint business gives you legal deciding power while owning 1 stock does not, you get zero votes from that.

    • zbyte64@lemmy.blahaj.zone
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      1 year ago

      Gee, who decided what is legally equivalent? Certainly not the people with wealth to buy politicians and judges.