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If stock markets did not exist, how would this affect the world?

If stock trading was shut down and made illegal what would the outcome be for the world & society?

If stock markets did not exist, how would this affect the world? If stock trading was shut down and made illegal what would the outcome be for the world & society?

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[–] • 2 pts

Without the market it would be much more difficult for a chain restaurant to go nationwide seemingly overnight

I don't think that is true at all. All the money that goes into the stock market from everyone's payckeck would still be there. People would still be looking to invest it. There would just be a different system to facilitate it.

[–] • 0 pt

Fair point, those with the ability to invest could work through a bank that would sell ownership in a company in a way similar to bonds (though this is a little close to stock and should probably be excluded).

If the market was large enough a centralized trading /tracking system would be needed to keep prices nationwide level - bringing us back to what we have today...

[–] • 0 pt

I agree that it seems all roads lead back to the same.