Stock Market in a Socialist society

Hey Dr. Wolff, I'm curious about whether or not a stock market would exist in a socialist society, and if it did, how would it work? Obviously private individuals will no longer be able to own or control a certain percentage of a business if he/she does not work there, so does this mean that external investments would, in a sense, operate like borrowed money?

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  • Ricky Zhong
    published this page in Ask Prof. Wolff 2018-01-07 08:35:41 -0500