I guess this is why I was so confused by Poli's initial post. So much of our savings/retirement is tied up in the market that even those without a large 'investment' want the market to do well in general. I'm not exactly wealthy, but I have a six figure 401k/investment. In the last year, I've seen that lose a chunk of change and only barely gain most it back. A whole year to break even sucks. It's worse for those with less.
I still think it would be better if we had some kind of actual pension like SS that we could take with us that was more secure.
Of course people want, even need, the stock market to do well. But those people are not, in general, friendly to Leftist politics, in part for that very reason. People who actually are on the left sometimes get frustrated that "the workers" who they see themselves as representing often show little support for their projects. But for the average citizen, trading the perception of certain security in exchange for a proposed utopia that they didn't ask for and don't really understand does not sound like a winning proposition.
Even people who do have traditional pensions are still caught up in the stock market to large extent; how do you suppose pension funds are funded?
