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stanleybmanly's avatar

Is it fair to say that most working people in the United States today are in fact slaves to Wall Street?

Asked by stanleybmanly (22193points) September 9th, 2018 from iPhone

It’s something to think about

Observing members: 0 Composing members: 0

11 Answers

YARNLADY's avatar

Only if you use a grossly distorted meaning for the word slave, overlooking the fact most workers are free to move about as we please and free to choose what and how much we wish to consume. So, NO.

SQUEEKY2's avatar

While I would like to totally agree with @YARNLADY , tell that to a person with a great amount of debt under their belt and ask them how free they are,if you have a lot of debt and a job that pays fairly well even though you hate it, good chances are you will stick with it.
And not risk the chances of a new job not working out or covering all the bills.

Tropical_Willie's avatar

No, they maybe slaves to their credit card bills. Most people have little or no connection to Wall Street.

kritiper's avatar

Directly or indirectly, yes.

JLeslie's avatar

In a way parts of the work force are greatly affected by stockholders and the drive for large profit increases. It is a problem in my opinion. Business needs to be “profitable” to survive, but unreasonable expectations of growth sometimes means employees get pushed to hard and not paid enough.

mazingerz88's avatar

No idea. Curious as to how Wall Street could make slaves out of working people who are free to make choices. Or maybe not and freedom is merely an illusion.

Is it possible that from birth to death, Wall Street has pretty much pre-selected the future for us and we just think we have free will but not really?

stanleybmanly's avatar

Free to make choices? Walmart or Burger King?

YARNLADY's avatar

^^^How about a home cooked meal using produce and meat from local farmers or picked from your own garden.

YARNLADY's avatar

@SQUEEKY2 People who have too much debt have only themselves to blame. There is a cure for that called self control! There is also a remedy called bankruptcy, which can allow a restructure or even “forgivness” of debt. My son used that when his former wife ran up thousands of dollars while he was deployed on an aircraft carrier in the Persian Gulf.

Pinguidchance's avatar

Wall Street’s not open on Sunday.

rojo's avatar

We prefer the word “serfs” if you don’t mind. “Peons” is acceptable in the Southern border regions

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