that's all.

    • heqt1c [he/him]
      hexagon
      ·
      4 years ago

      not all investing is bad. if your company offers a match on a 401k, or a stock purchasing plan its worth it.

      also holding commodities is usually good as a "CYA" type thing.

      but when you actively buy and trade stocks you have a vested interest in some of the largest, most unethical companies in the world succeeding.

      if you want to invest in an "ethical" company, those normally perform the worst so its charity at best with some self defeatism in there.

      • FDR [none/use name]
        ·
        4 years ago

        This isn’t even true? You can make tons of money actively rooting for companies to fail.

        Having money is part of your hierarchy of needs in America. Without money you can not reach self actualization

      • ChapoBapo [he/him]
        ·
        4 years ago

        How about if you invest in the largest, most unethical companies in the world failing instead?

      • financethrowaway [comrade/them]
        ·
        4 years ago

        Being interested in bad companies succeeding is not what "reactionary" means. You mean it's inherently capitalist or right wing. Calling it right wing it's a tautology. In order to trade the stock market you have to participate in the market. Believing in free markets is right wing. It's not reactionary though. Reactionary is like we should go back to the Dutch East India Trading Co way of doing stocks. Wanting only the wealthy involved in stocks like it used to be is reactionary.

        Yes, people here are participating in something that's inherently capitalist. Now what? What's supposed to happen when we realize that?

        • Ho_Chi_Chungus [she/her]
          ·
          4 years ago

          Reactionary is like we should go back to the Dutch East India Trading Co way of doing stocks.

          Society was at its peak when a tulip was more valuable than a house. I will not elaborate

    • ThomasMuentzner [he/him, comrade/them]
      ·
      edit-2
      4 years ago

      well you use your priveldged position readable in your "inital Investment Capital" to profit from other peoples labor and demand , by the act of owing stock , that the labor should be exploited even more, after all you want the share to go up dont you ?

      not OP btw, and also just because guns are immoral, it does not mean honorable swords will help you against them....