What would happen if we got rid of the stock market?

VILEPLUME said:

Here is the definition:

Significance of the Stock Market
It allows companies to raise money by offering stock shares and corporate bonds. It lets common investors participate in the financial achievements of the companies, make profits through capital gains, and earn money through dividends, although losses are also possible.

From my pov, it feels like the stock market's main incentive is for companies to make money for stockholders at any cost.

Thoughts?

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Grandpapy said:

You mean Exxon Stockholders?

Why cant we play with Putin?

Russia's New Arctic Project Will Be Biggest in Global Oil ...
www.themoscowtimes.com › 2020/02/14 › russias-new-arctic-project-wi...


Feb 14, 2020 - The pipeline is also projected to carry oil from Payakha, the fields located along the Yenisey River. By year 2030, a total of 100 million tons of oil can be exported through the pipeline and the new seaport in Taymyr. A fleet of top ice-class Arc7 tankers are to be built for the project, Sechin has previously said.


Halliburton doesn't care if they work for and support a dictator.
Remember Dick Chany's Dressler-Atlas continuing business in a hostile country after being ordered out as part of a sanction?

Russia is our friend. The Oil Industry will save us.

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