Comments by "L.W. Paradis" (@l.w.paradis2108) on "Ask Prof Wolff: Yugoslavia's Experiment with Worker Co-ops" video.

  1. Amazon is cornering the market on how many classes of goods? No one can compete except Walmart, Target, and similar behemoths.
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  2. And 90% actually lose principal, in real dollars -- even after accounting for inflation. Some make it up in dividends. Some do not. Fewer than 10% of people could fully fund their own retirement, with no Social Security, Medicare, defined benefit pension plan, etc. That tells you how "good" owning stock is. It is much better than going to casinos, I'll give you that.
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