Should We Be Allowed To Sell & Trade Shares Of Ourselves? Would The Individual & Economy Actually Benefit? Any Downsides? Is This A Good Way To Transfer Wealth From the Rich To the Poor?

The Best Paragraph I've Read: The Libermans’ theory is that, in terms of stuff that America’s big wealth can invest in, people are more appealing than the current catalogue of middling venture-capital funds, shipping firms, and companies selling toothbrushes by mail. Instead of putting money into a fund for startups, investors would be free to find an ingenious entrepreneur and invest in her entire career. Rather than buying shares of Spotify, a fund could buy into a portfolio of the futures of emerging hip-hop artists, all of whom would get that cash. Most of us are more excited about our brilliant friends than about the companies they work for. And while the average age of an S. & P. 500 company is approximately twenty years—most die young—people do better. The stronger their boost off the blocks, the longer they can keep trying, increasing their odds of success. This paragraph comes from the New Yorker.  The article is titled: "Is Selling Shares In Yourself The Way Of The Future?"  The article is written by Nathan Heller.  You can read the full article here: https://www.newyorker.com/magazine/2022/08/01/is-selling-shares-in-yourself-the-way-of-the-future Zac and Don talk about the idea of selling shares in oneself.  Could this be a good way to transfer wealth from the rich to the poor?  Does this allow humans a debt free way to access capital?  Are there any downsides? --- Send in a voice message: https://anchor.fm/bestparagraph/message