Publicly traded entities which are components of many pension funds. The boomers... | Hacker News

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		Nextgrid 32 days ago \| parent \| context \| favorite \| on: The senior population is booming. Caregiving is st... Publicly traded entities which are components of many pension funds. The boomers essentially took out a loan against themselves, and now it's due, with interest to boot. There's some schadenfreude seeing the boomers complain about getting the enshittification treatment they themselves got rich off.

WarOnPrivacy 32 days ago [–]

> Publicly traded entities which are components of many pension funds.

A shareholder relationship is parasitical and exploitive by it's nature, as defined by Dodge Brothers v. Ford.

Making pension funds feed on that relationship - that is whatever that is. I couldn't call it a necessary evil because it's by design.

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