Capitalism Shares- Or Does it ?

The proportion of shares owned by small shareholders is down to an all time low of 13 % , reported the Independent.

There are as many as 10 million private investors, and BT, for example, retains about half of the people who bought its shares in 1984, but few have a holding in more than one company. Those who own share portfolios with a value of, say, £50,000 to £100,000 is put at no more than 100,000, or 200,000 people.

Half of the UK stock market was controlled by individuals in 1963, that proportion has fallen steadily to this all-time low. The 12.8 per cent headline figure would be even lower were it not for the privatisations and demutualisations of the 1980s.

It is certainly not the Peoples Capitalism , that the apologists of the free market had hoped for .