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: Profit
Shattering the illusion
The January issue of Socialist Voice had an article by me entitled “The wage system and the capitalist illusion.” A worker being told they are getting their equivalent wage relating to their work is being held captive by an illusion that in reality leads to a non-equivalent exchange, which is […]