• ImmortanStalin@lemmygrad.ml
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    1 year ago

    I believe doing what you can to keep yourself afloat and release yourself to be able to radicalize and organize those around you is an important goal. We can fall prey to ultra leftism and stunt our own progress by trying to maintain “purity”, and be “exploitation free.”

    It’s a matter of scale. You can be a small time landlord and it would be nowhere near as bad as a large property management conglomerate. You’re still not safe. Same for investing. Study theory, make praxis, and don’t fall into opportunism.

    I’m leaving this up, I misread the question lol you’d be the petitest of bourgeois! Lol extra points if you find a way to reinvest your dividends and complete the M-C-M cycle. Hahaha

  • keepcarrot [she/her]@hexbear.net
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    1 year ago

    In the same way having a 401k or superannuation does.

    Which is to say not very much, and the borders of class are a little fuzzy. AFAIK dividends are not the main way to make money off stock any more and I doubt anyone on robin hood was seeing that increase their wealth.

    • Ronin_5@lemmygrad.ml
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      1 year ago

      The main way to make money off stocks is actually to use marxism.

      If you’ve read and understood Marx and Lenin, then you can use the theory to make great returns. It’s simple. Just find the most exploitative, evil, reactionary company in the most exploitative, evil reactionary country (the US) and invest in that. I’m talking about companies like mueller industries, Berkshire Hathaway, and HCA.

      The US will do whatever it takes to give returns to “their” capitalists. The market has proven this theory time and time again.

      Praxis, but bourgeois praxis.

        • Cyber Ghost@lemmygrad.mlOP
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          1 year ago

          Well… I have a friend who is a landlord and after mortgage fees and all other fees, all that he gets are 300 dollars and he lives in California, so it depends on where the landlord lives and where the property home is.

            • Cyber Ghost@lemmygrad.mlOP
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              1 year ago

              My question is, let’s say that someone owns private property yet, still has a paying job unrelated to the private property because the surplus value extracted from the private property is not enough for this person to live. Does the fact that this person needs to also sell their labor make them a proletariat or does having any sort of private property make someone a petit burgeois?

              • GreatSquare@lemmygrad.ml
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                1 year ago

                Just another instance of class mobility. If for instance this person has to rely on the rent for their main income but works a casual job to supplement it, then their interests lie in protecting that rent.

  • Ronin_5@lemmygrad.ml
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    1 year ago

    No. The amount of stock you can afford, the influence you have over the company, and the amount of benefit from owning stock is negligible compared to actual bourgeois.

    Saying that you own the company by buying shares from robinhood is like saying America is democratic because you get to vote.