This is a question about philosophy of economic theory and the concept of property. Supposedly when I buy a stock what I am doing us buying a share of a corporation. In other words I supposedly "own" a part of the corporation. I have several objections to that claim. I did not buy the stock so that I could have voting rights in that corporation nor did I buy it for the trivial dividends the stock supplies. Those things have no value to me or most investors, and with few exceptions no one buys a stock because they have a desire to have voting rights in that company. Certainly if you are going to own a part of something what you own is going to be what makes that thing valuable and profit is what makes a company valuable and thus to own a company is to own a share in it's profit and stocks don't really give you that. Is there some deeper and non-arbitrary sense of the term "ownership" that sophisticated economic theory relies or is "ownership" a loose term?
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