As retail investors launched a short squeeze on large hedge funds, forcing large stock-market movements and frenzied recapitalisation, many commentators heralded it as a victory for “the little guy” against Wall Street. However, the truth is far from that simple. “The biggest owners of Gamestop: Fidelity (14%), Cohen’s RC Ventures […]
Tag: petit-bourgeois
“Nice little earners”
There I am sitting among my three or four neighbours, and the talk turns to property. Their property. This topic has bothered me for some time, as it brings out the nastiest prejudices in my neighbours: condemning suspected “welfare cheats,” bothersome tenants, and everything else. Now one of these neighbours, […]