What would happen if there was no stock market?
by 
xjimmyloudx
ANSWERS: 5
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GOD WILL PROVIDE = WE HAVE TO GO TO THE FIELDS TO GET FOOD 4 OUR SELF'S
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The market economy would be stable in there was no stock market.It is only play money,in a sense,and fluctuates madly.It is a form of gambling with money that is not there.Many have lost millions,and over the years billions through speculation. Why should the majority of the public that are not invested in the stock market be subject to the ups and downs of the stock market.If and when it crashes again it affects all,even the ones not involved.
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We would have to invent it. The stock market operates as a convenient way for ANYONE to share in the wealth (and risk) of all publicly chartered companies. I'm actually surprised that we haven't developed something like it for real estate, as a way to add liquidity to that market -- and a better way to spread risk than placing it all with mortgage lenders.
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A lot of people would have to find a real job -- something that's actually productive.
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then buying companies has to be done by paying the owners directly.
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