will the internet destroy the stock market?

[InRareForm]

http://blogs.hbr.org/cs/2013/08/will_the_internet_destroy_the.html

[boutons_deux]

Putting sales tax on every transaction, 1% or 2%, will kill high-speed trading, but the financial sector is untouchable, uncontrollable and the Repugs work very hard to kill all financial regulation.

[AntiChrist]

A: No

[mouse]

Tell me again why is the stock market necessary?

[Jacob1983]

Isn't the stock market just about rich people making more money while everyone else has to put sweat and blood into their work just to get by?

[mouse]

Isn't the stock market just about rich people making more money while everyone else has to put sweat and blood into their work just to get by?

Sounds like your average boss...aka Walmart,target,and every other POS job out there, can you be a tad bit more specific?

[Jacob1983]

The stock market is controlled by rich people making bets and predictions on prices of the names of companies. That's pretty much it.