yes i'm a communist. yes i day trade. we exist

      • PaulWall [he/him]
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        4 years ago

        wait but it’s literally not a bad theoretical idea, it’s one i’ve been wanting to bring up for a while but never made an account to do so.

        funding the revolution is a necessity and when lenin and stalin robbed banks, we could be siphoning off the financial system. capital diverted from the financial class and received by us is literally a power multiplier

          • PaulWall [he/him]
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            4 years ago

            you’re talking investing and holding shares. i’m talking about trading. if the stock market crashes that’s good for traders bc it’s increased volatility. you can make money on the up and down bruh

        • protochud [comrade/them]
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          4 years ago

          if you want to delve into that contradiction, why not form a co-op hedge fund with the goal of distributing any profits back to proletariat movements?

          • PaulWall [he/him]
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            4 years ago

            well yes but more maoist and leninist than just a co-op, it’s more of a vanguardist idea to fund like larger scale strategic endeavors.

            • protochud [comrade/them]
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              4 years ago

              sure, that would be rad af. the co-op bit is just to make sure that it has cemented democratic structures

              • PaulWall [he/him]
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                4 years ago

                yeah precisely, i know so many people on discord trading communities (not those that give alerts for subscription, but casual small groups which were horizontally organized) that are just out and about communists. i’ve even radicalized a few. having a financial base of power would literally be miraculous for the Party for Socialist Liberation

            • PermaculturalMarxist [they/them]
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              4 years ago

              a communist party but it has a multi-million dollar endowment lol, sounds like an easy way to get your assets frozen/ stolen

              • PaulWall [he/him]
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                4 years ago

                just hide them in offshore tax havens LOL seize the means of tax evasion

                  • PaulWall [he/him]
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                    4 years ago

                    well if they come for it, they come for it. until then it can be utilized to build up other less at risk assets