• mayo_cider [he/him]@hexbear.net
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    4 months ago

    I guess I haven’t been clear enough in this thread, I completely agree with you

    Retirement funds are an example of unavoidable participation in capitalism, but that doesn’t mean that it’s compatible with a socialist world view

    Investing is and will always be antithetical to the immortal science, the goal is to make gains from other people’s work

    I have money on pension and insurance funds that use all available investment vehicles to maximize their profits, I have to compromise my values to get a (significant) portion of my produced value back because some libs thought that everyone should be an investor instead of feeding and housing old people as a right

    • Cowbee [he/him, they/them]@hexbear.net
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      4 months ago

      Investing is and will always be antithetical to the immortal science, the goal is to make gains from other people’s work

      Yes, in principle, however in the context of the western proletariat who must engage with the market to ensure their own existence, I do not consider it anti-leftist to give investment advice. Only if it supports landlordism or business ownership outright.

      I have money on pension and insurance funds that use all available investment vehicles to maximize their profits, I have to compromise my values to get a (significant) portion of my produced value back because some libs thought that everyone should be an investor instead of feeding and housing old people as a right

      I don’t believe this structure is because of Liberal ideas, but an attempt by Capitalists to tie Workers’ futures to the same mechanism that enriches Capitalists, therefore reducing revolutionary pressure. This is a consequence of Imperialism, it’s an effort to turn the Proletariat into complicit Labor Aristocracy.

      • mayo_cider [he/him]@hexbear.net
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        4 months ago

        Yes, in principle, however in the context of the western proletariat who must engage with the market to ensure their own existence, I do not consider it anti-leftist to give investment advice.

        I completely agree, the whole point I’ve tried to make in this thread is that A) investment is antithetical to leftist thought and B) most of us are still forced to participate in it

        If you try to optimize your forced investments, I will look down on you

        • sub_ubi@lemmy.ml
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          4 months ago

          So you can have retirement accounts, but moving money in those accounts to a better fund is immoral?