A quick google says that 53% of Americans own publicly traded stock, but that means that 47% do not. There will be some fraction of that 47% who have their own businesses, but I’m guessing that these would be people at the bottom end of the business scale. Would it really be fair to call the guys driving a truck through the alleys collecting crap metal capital owners who would live in a utopia?
The same article that cites the 53% number also says that the top 10% of income earners own 70% of the stock market. That doesn’t really sound like a recipe for utopia.
The same article that cites the 53% number also says that the top 10% of income earners own 70% of the stock market. That doesn’t really sound like a recipe for utopia.