Photo by Austin Distel on Unsplash

One of the more maddening features of the whole GameStop controversy is the confusion around which side is defending the integrity of the “free market.” Most journalists reporting the story seem to give credence to the idea that it’s the “finance bros” in the WallStreetBets sub-reddit who are defending the markets against the nasty hedge-funds who have rigged it. And in conversation with those reading the headlines and skimming the rest, you hear all sorts of things about the evils of “Wall Street” but the speakers are vague about what that term means, often mixing up hedge funds, with private…

Richard Paul Pasquier

Partner at Practus, LLP, a law firm. Rick advises clients on issues at the intersection of business strategy, law and political economy.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store