My kid's generation doesn't really have a shred of hope, does it?

[whatthehey]

108. I always love the DU hypocrisy on companies

A huge ratio here cry that the corporations are rigging the system to extract every shred of wealth from the people and hoard it as retiained profit.

But roughly the same ratio, with some identifiable loud champions in common, gleefully predict a massive crash in a stock market the value of which is based entirely on the future earnings expectations of those same corporations.

Both simply cannot be true. If you believe corporations are not just trying to grab every penny of profit possible (which they sort of by definition are) but are also so much in control of politics and society that nothing can prevent them doing so, the the only rational and even potentially life-saving course of action is to cut the cable, phone, fast food, leisure, even education (because there's going to be no jobs why bother?) funds and throw every dime you can scrape up into an SP500 index fund and take a slice of all that profit-taking yourself. How else can you survive in a future where the corporations have all the money? People do know they can buy just about every significant corporation out there, right? Sure Soros and the Kochs will have far more shares and get far more gains, but if their stake goes up 20%, our much smaller stake does the same thing, guaranteed.

Forestalling the most likely doomer fantasy response, even if there comes a time when all demand for corporate production ceases because nobody has a job to buy anything anymore, all that retained profit must go somewhere. When Apple stops selling IPhones because the fanbois are all out of work, the shareholders will still have the equity of those trillions in offshore retained profits.