Earlier quoted context omitted.
Investment means more jobs, more work opportunities for those who don't have any. The point I was making is that having lots of small investors usually leads to more job creation than one big one because small investors tend to invest in smaller, less efficient companies. That inefficiency is actually good if you want more jobs. Also, a billionaire buying a $100m yacht from a Korean shipbuilder is great for creating…
> That inefficiency is actually good if you want more jobs. Inefficiency does not create jobs. It means you can't compete and you spent the money and went out of business. > a billionaire buying a $100m yacht from a Korean shipbuilder is great for creating jobs in Korea, but it doesn't help much at home Because of the way trade works, equal value flows both ways.
Of course it does, otherwise jobs would never be made redundant when companies merge.