• hark@lemmy.world
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    1 year ago

    Do you not understand what the point of a public offering is? It’s to offer up shares of your company to others in order to raise funds so you can expand more rapidly. You throwing in the word “collective” is a poor game of word association. Are you trying to argue that publicly-traded companies are communist? You should really hit the books and straighten out your terminology because you’re using it all wrong and you’re only misleading others who don’t know any better.

    • HardNut@lemmy.world
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      1 year ago

      You throwing in the word “collective” is a poor game of word association. Are you trying to argue that publicly-traded companies are communist?

      You’re really reading way too much into things. Just take out the word collective from my comment if it upsets you so much, it makes sense without it.

      The conclusion I got to was that public corporations are not private companies. Looks like you’re longer disputing that I guess, so you agree with that now?

      • hark@lemmy.world
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        1 year ago

        I never said public corporations are private companies. You’re confused and don’t seem to have a point to make. Do you think publicly-traded companies are not capitalist?

        • HardNut@lemmy.world
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          1 year ago

          Okay so public corporations are not private companies. Capitalism is the private ownership of the means of production. Public corporations are not private, so they’re not capitalist either. I dunno why you had to ask, that was my original point to begin with, it’s silly to see a non-capitalist entity like Johnson & Johnson do something bad and blame capitalism for it.