[cladopa]

There is a very important difference: real investors risk their own money, the money they saved over their entire life making decisions.

Under socialism bureaucrats risk someone else's money.

We are not in a pure capitalistic society, we also have States, central Banks with central planning expending over half the money in Europe and USA and more than half in Asia.

As a European myself that see the public money being wasted by incompetent people and filling the pockets of politicians, specially marxist ones. For example, the money Spain received after COVID filled so many socialist pockets and has not given information back to Europe as of how it was spent(it was spent on their own companies of friend and family).

[tliltocatl]

>> There is a very important difference: real investors risk their own money, the money they saved over their entire life making decisions.

Except for the "institutional investors".

[foxglacier]

Even then, the people the money came from voluntarily chose those institutions. If you don't like risky investments, there are lower risk institutions or products you can put your money in. It's still ultimately the will of the individual what they do with their money, and the consequences of bad choices are still mostly contained to the individuals who make them. But when it's done with tax money, everyone's dragged into it and has no personal choice in the matter. Even worse, when it's tax money without democracy, even if the majority of people don't like how it's used, they even collectively have no choice in the matter.