You are describing what should be done with a powerful economy. Not how to create a powerful economy.
Abolishing the stock market will not encourage wealth distribution.
It will make the economy weaker, and could easily make wealth concentration worse.
The right move is to reform the stock market, imposing rules on company ownership.
That’s why I brought up Germany.
All companies in Germany above a certain size must be 40% owned by their employees.
What do you mean by “improve the economy”?
deleted by creator
You are describing what should be done with a powerful economy. Not how to create a powerful economy. Abolishing the stock market will not encourage wealth distribution. It will make the economy weaker, and could easily make wealth concentration worse.
The right move is to reform the stock market, imposing rules on company ownership. That’s why I brought up Germany. All companies in Germany above a certain size must be 40% owned by their employees.
deleted by creator