Pensions don’t increase their payouts when the market is booming and you can’t include them in a will. So is it’s really not stock ownership as you just get the downsides without the upside.
Even with defined benefit plans there's an indirect connection -- with higher expected returns, employers will offer larger pensions.
As you say, the carrot is held by the employer.
People see these power law distributions and are surprised? But like, do you actually want enforced uniform wealth (communism)?
> People see these power law distributions and are surprised? But like, do you actually want enforced uniform wealth (communism)?
This is a really all-or-nothing take. A handful of people are arguing for enforced uniform wealth, most people are just pointing out that our current economic system is marginalizing a growing number of people each year, while enriching a handful of giga-wealthy individuals.