By Michael Roberts
What this little story of GameStop shows is that company and personal pension funds run by the ‘smart people’ are really a rip-off for working people. What is needed are state funded pensions not subject to the volatility of the financial game. The big hedge funds have been burnt in this latest skirmish by some small investors and they want to get these minions out of the game. What working people should want is to stop this game altogether.