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[–] 27 points 6 months ago (1 child)

Stocks should still be abolished, but billionaires first.

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  • [–] 9 points 6 months ago

    I trade stocks. I'm not a capitalist.

    I don't want to have to work, but I want there to not be billionaires even more. Tax wealth not work.

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  • [–] 6 points 6 months ago (1 child)

    Also if you’re not participating in shareholders meetings, proposing resolutions and voting on them, then you’re not even really owning the stock in any meaningful way. You’re just holding a virtual piece of paper hoping the number goes up.

    Don’t know if they’re still doing it but a small IBM shareholder used to annually table a motion that all payments to political parties and individuals be explained, and the board kept recommending a “No” vote.

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  • [–] 3 points 6 months ago

    Why are those share holder meetings the important part of "owning the stock" to you? Aren't people owing stock because they want dividends or because they expect the value to increase? Isnt profit them main motivation? With profit being reliant on workers and earth exploitation?

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  • [+] 6 points 6 months ago (1 child)
  • [–] 4 points 6 months ago (1 child)

    Gritty down 3-0 right now though, needs a miracle

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  • [–] 3 points 6 months ago* (last edited 6 months ago)

    I trade stocks, I hate billionaires. We're all deeply contrarian animals if you examine things using only absolutes.

    edit: I should make a post about this somewhere, but you can really directly correlate the pantheon of ancient greece to the stock market. Corporations are immortal entites that are not subject to human law. Stock prices have inflated far beyond the value of their goods and services and instead represent belief in that company. it's a bit discouraging, I guess is why I wouldn't post about it.

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  • [–] 11 points 6 months ago (17 children)

    Maybe a useful distinction to be had between “capitalist class” and “enthusiasts for the capitalist system”

    The word is used for both of those things.

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  • [–] 6 points 6 months ago (6 children)

    Oh sweet. I'm petty bourgeoise!

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  • [–] 5 points 6 months ago (5 children)

    Seriously this low effort slop graphic is cringe

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  • [–] 2 points 6 months ago (3 children)

    It’s a fair point but is it wrong?

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  • [–] 3 points 6 months ago (1 child)

    I don't disagree with the overall message of the "pamphlet", I take issue with its execution. It's low quality, low effort media, created with the same technology that the ruling class is currently employing to steal from workers, cut their bargaining power, alienate them from their work and from each other, shirk legal and moral accountability, and destroy the environment.

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  • [–] 1 point 6 months ago

    That’s all valid criticism. Im happy to say I didn’t create it, and I would love to see better. I’m a bit inclined to delete the image, but I’d love to find an alternative.

    Most that I can find are more outdated and tend to assume people know the meanings of the various terms. And the other one I added (down thread) is a little too fine-grained for my taste.

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  • [–] 3 points 6 months ago (7 children)

    So upper middle class professionals who live in fancy houses making 200k with lots of investments are just proletariat in this classification?

    I feel like they have kinda different interests.

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  • [–] 7 points 6 months ago*

    Honestly: yes.

    There’s other classifications or sub-classifications particularly with regards to how much someone may benefit from capitalism and therefore where their interests might lie, but ultimately I think the bourgeoisie vs the proletariat is about how much influence they have over how society works.

    Here’s another infographic which tries to cover that angle, no comment on how successful/ accurate it may be. Personally I think it divides people too much. (Source: Reddit, latestagecapitalism)

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  • [–] 10 points 6 months ago

    Yeah, I fall in that category, and even though I own a tiny fraction of various companies, I don’t control the means of production. I sell my labor. The fact that I get paid more for it doesn’t change that, and to those that do control the means of production, I am just as disposable. That’s why I have to save and invest; to give myself a way to support my family when that happens.

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  • [–] 4 points 6 months ago

    Gritty has no soul. Believe not his lies.

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  • [–] 2 points 6 months ago (2 children)

    What does participating in the system we've been forced into have anything to do with class solidarity with the billionaires?

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  • [–] 1 point 6 months ago

    the people who take joy and think they can “win” in this system are pretending (knowingly or not) and that is emboldening the billionaire owning class by squandering the opportunity to realize you’re not going to win and should be eating the rich instead.

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  • [–] 2 points 6 months ago

    you're petite-bourgeious!

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  • [–] 3 points 6 months ago (5 children)

    Actually yeah it does. If your stock pays dividend you are getting a share of the workers labour.

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  • [–] 3 points 6 months ago (4 children)

    If you have a... Fuck I'm tired. ESOP? It's that it? Employee Stock owner plan? That pays dividends. How do we split the hair on that camel?

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  • [–] 2 points 6 months ago (3 children)

    Whats your complaint? Stocks are a way to make ownership available to workers.

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  • [–] 1 point 6 months ago (2 children)
  • [–] 2 points 6 months ago (1 child)

    I dont know what you mean by "how do we split the hair on that camel" so I just assumed you were complaining about stocks.

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  • [–] 2 points 6 months ago

    If you own stocks you actually share some material interests with billionaires. You have to actually choose to act against parts your own interests when you support thr end of capitalism. So in part, you might have class solidarity with billionaires. And lets be real, in many rich countries exactly that is a problem.

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  • [–] 1 point 6 months ago (1 child)

    Actually, can someone help me figure this out? Like should individuals be investing in other things that aren't stocks to loosen the grip of capital ever so slightly. Like for example, should I be investing with a local credit union or something like that? Should I not be investing at all? Baby anarchist just trying to learn, thank you 😊

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  • [–] 2 points 6 months ago

    You could stop trying to "invest". Like instead of hoping for numbers that go up, you could offer local collectives interest-free loan or in general just give money to community organizations that would be helpful to you in situations were you would have relied on investments.

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  • [–] 1 point 6 months ago* (last edited 6 months ago)

    Yeah nah, I am not joining the rent seeking class just because some meme says so.

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  • [–] -1 points 6 months ago

    Said the billionaire's puppet.

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