• grue@lemmy.world
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    1 month ago

    You don’t want the stock market destroyed. That is how retirements are funded as well.

    Thus illustrating [one of] the ulterior motive[s] behind replacing pensions with 401(k)s.

    • Neuromancer@lemm.ee
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      1 month ago

      Pensions are funded by the stock market as well. Pension funds are some the largest landlords as well.