This invesrment company thing is tricky. Some other materials praised here at Apug are made by manufacturers backed by investment companies. Maybe we would lack those materials if the manufacturers would have to rely on bank money.
I agree, but it's a crappy way for people to live. Investment companies are only interested in shuffling papers around, what happens if the investment company wakes up and finds that Ilford Imaging can make them a quick little profit if they sell the scrap metal and the real estate? People made better wealth in the past by employing people and making products than the robber barons of this century are making corporate raids. The people of the industrialized world deserve the financial instability we have now because we have let the giant corporate culture evolve. The people in developing counties deserve what they WILL get when the same corporations forsake them. Hopefully we will have a giant solar storm and everybody will be directly responsible for their own needs and welfare. Corporate savvy and paper shuffling will have no value then....EC