#81
[account deactivated]
#82
[account deactivated]
#83
Post rating: ~

AmericanNazbro posted:

it fairly redundant knowing the specific inner workings of a system you know to be built on a flawed premise. what good would that information do to the average leftist? they don't have the capital to be able to participate in financial markets, it's a privilege relegated for the wealthy.


for the average leftist, i don't see how learning about the finer details of financial markets is any worse than burying oneself under impenetrable academic marxist thought, or endlessly analyzing the countless failures of 20th century Actually Existing Socialism

#84
Post rating: ~

Groulxsmith posted:

but if you're going to fight cpaitalism (and i'm not even sure how that is done) it seems best to understand how it even works in 2012 because it is functionally unrecognizable from the form marx or lenin understood it to be.


idk, this sounds like a good enough reason to read about this crap. until there is an organized, feasible economic alternative on the horizon that doesn't repeat the mistakes of past attempts, we're cursed with having nothing to do but sit around with our thumbs up our asses because we have nothing tangible to risk our lives for. well, basic self-defense of the working class is still pretty important, but i'm not holding my breath for any first world leftist groups to rise up and take the first swing at our prison-military-industrial complex anytime soon

#85
Post rating: ~

ggw posted:

everything is fucked. short circuit everything in this automated capitalist hell in any way possible

#86
Not Your S.H.I.E.L.D.
Post rating: ~
a leftists free time is best spent endlessly watching ultraviolent kung fu films until they are completely desensitized to the social stigma of murder
#87
Post rating: +
I'm kind of confused on how this economic stuff works. Could you maybe try teaching it as a basketball analogy to a minority kid?
#88
mt.real
Post rating: +
hello. i am a marxist. i go to my marxist internet forum and read the threads about jobs and investing. what? oh, it's ironic. of course. we are ironically trapped in capitalism. ha ha. haahhaha. bye
#89
mt.real
Post rating: +

d4ky posted:

well, basic self-defense of the working class is still pretty important, but i'm not holding my breath for any first world leftist groups to rise up and take the first swing at our prison-military-industrial complex anytime soon



nothing. NOTHING. is happening. while the electricity is still on.

#90
Post rating: ~

d4ky posted:

AmericanNazbro posted:

it fairly redundant knowing the specific inner workings of a system you know to be built on a flawed premise. what good would that information do to the average leftist? they don't have the capital to be able to participate in financial markets, it's a privilege relegated for the wealthy.

for the average leftist, i don't see how learning about the finer details of financial markets is any worse than burying oneself under impenetrable academic marxist thought, or endlessly analyzing the countless failures of 20th century Actually Existing Socialism



then get out there and hand out those Q4 market reports, comrade. do your job in educating the masses to the true nature of our personal consumption expenditures. what we need is more keynesianism and state capitalism, or w/e

#91
Post rating: ~

wasted posted:

I think we should invest in urban renewal in the favelas of rio and design phone apps which match the innovative ideas of the wretched of the earth with earnest, socially conscious hedge funds.



or better yet rewrite a google maps api designed to document human rights abuses to find and review decent burger joints

#92
Post rating: +
the problem with the world is there aren't enough people deleveraging positions on apple stocks. it is clearly overrated which is leading to increased class contradictions and the immense suffering of the third world.
#93
Post rating: +
leftis please L@@K FW:FW:Fw:FW: FW:

#94
Mike Nelson here.
Post rating: +
communism should mostly be an aesthetics thing anyway, you aren't going to figure it out by crunching excel spreadsheets
#95
mt.real
Post rating: ~
revolutionize capitalism from within by creating formula-systems that account monetarily for the the increased productivity of a happy and fulfilled human being in a humane community with real social relations
#96
Post rating: +
groulxsmith had it right. i'm not saying we should do anything like leftist trading and investing (lol) i'm just saying it doesn't matter how you spend your free time. whether you want to get lost in the divine labyrinth of derivatives, or wrap yourself in layers of irony while marxposting, it makes no difference, as long as we're just sitting around...
#97
Mike Nelson here.
Post rating: +++++
sometimes i read about the soviet union and they are like "labour productivity was really low, people just showed up to work when they wanted, a lot of people got drunk at work, people weren't really afraid of their bosses for the most part" and i'm like yeah only an economist could list those as bad things
#98
Mike Nelson here.
Post rating: ~

d4ky posted:

groulxsmith had it right. i'm not saying we should do anything like leftist trading and investing (lol) i'm just saying it doesn't matter how you spend your free time. whether you want to get lost in the divine labyrinth of derivatives, or wrap yourself in layers of irony while marxposting, it makes no difference, as long as we're just sitting around...

the whole of human existence is but a microscopic blip in time, a single life a tiny fraction of that, do whatcha like.

#99
Mike Nelson here.
Post rating: +
"did you hear? they got drunk at work!"

*watches box set of mad men after day filing insurance forms*
#100
Unapologetic Opponent of Rape
Post rating: ~
my portfolio declined in the last quarter by 0.7%. you guys think maybe i should get out of semi-risky stuff while the getting's good, or what? it's not a huge diff, but it is a bit worrisome, especially with all the worries about Greece, Spain, et al.
#101
Post rating: ~

getfiscal posted:

you know if we actually put together our heads and tried we'd probably be pretty good at this. but as usual the trolls ruin it for the rest of us. sigh. i guess i'll just have to waste my genius on dumb internet jokes for a few more years until you guys get your act together.


getfiscal you're super knowledgeable when it comes to the topics discussed on this forum; and, forgive me for being presumptuous, but i get the feeling you might actually think this way sometimes. maybe not the genius part, but the sense of frustration you get when surrounded by like-minded people with nothing to do. you wouldn't spend the amount of time you do on reading this stuff if you didn't give a shit anymore. i realize the above comment is just a joke within the context of this thread, and the trolling is just your way of having some fun, but i'm sure it gets kinda old after awhile, doesn't it?

#102
Post rating: +
i can't speak for getfiscal, but i know that any discernible reason i do the things i do slipped away years ago
#103
Mike Nelson here.
Post rating: +
i don't see it as trolling. i see it as joking about an absurd thing someone might say and believe. no one thinks i'm trying to fool them or something. it's a shared joke. it's mostly throw away junk. i actually care a lot about the world and things. also my veneer of knowledge is pretty thin, anyone who is an actual expert in things would be able to school me on any given topic. but i want to continue to learn about things.
#104
drivel of drunken hags
Post rating: ~
Do you guys actually think even the most pro capital financial literature is about stock picking and trading strategies much less Doug Henwood

I mean, you definitely don't have to care about the nature of the dominant economiv system but at that point why not reject Marx entirely, since that's essentially all he did either
#105
Post rating: +
i dunno, read some history or something inspiring? some anthropology? make art? please dont let personal failure and weakness lead you astray from a commitment to truth
#106
Post rating: +

Groulxsmith posted:

i'm not sure how understanding the mechanisms of the current hegemony isnt important to leftists. this isn't really its only problem, but the fact that ows couldn't articulate anything beyond vague critiques of bailouts and complaining about atm fees went a long way in discrediting it among people who tried to think it through; and that was a movement supposedly created to directly counter finance capitalism

anyway http://www.wallstreetthebook.com/WallStreet.pdf is the best he's done on it, reading this would probably leave you more knowledgable than the finance majors out of big ten schools you and impper do shooters with at schoolyard tavern



actually OWS wasn't liberal enough. that's why it failed. needed more liberalism, bongo drum circles, and free pizza

#107
Post rating: ~
i'm going to just go to bed
#108
Post rating: ~

animedad posted:

i dunno, read some history or something inspiring? some anthropology? make art? please dont let personal failure and weakness lead you astray from a commitment to truth


yeah man... money ain't everything in the world until you ain't got any

#109
Post rating: ~

Ironicwarcriminal posted:

i'm going to just go to bed


good night, sweet prince

#110
Not Your S.H.I.E.L.D.
Post rating: ~
on second thought complex market knowledge might actually be pretty useful for revolutionaries who need something to help them formulate call-and-response challenge questions where you automatically shoot anyone who answers correctly
#111
objekt-a.tumblr.com
Post rating: ~
hi i would like to place 100 put options on Hellabecq. thank you.

-jeffery

Edited by jeffery ()

#112
Online
Post rating: ~

Cycloneboy posted:

buy lots of greek government bonds.

what do people think about this. i mean about greece and those other fucked european states and the ecb and so on. is there any hope whatsoever that their current strategy of giving more loans for more austerity or whatever will rescue anything. just seems like kicking the can down the road but this has been a really slow burn crisis, the sick man of europe in hospice care but never dying sort of thing. get well soon dm. i always got my information frmo dm

#113
Post rating: ~

ilmdge posted:

Cycloneboy posted:

buy lots of greek government bonds.

what do people think about this. i mean about greece and those other fucked european states and the ecb and so on. is there any hope whatsoever that their current strategy of giving more loans for more austerity or whatever will rescue anything. just seems like kicking the can down the road but this has been a really slow burn crisis, the sick man of europe in hospice care but never dying sort of thing. get well soon dm. i always got my information frmo dm



i haven't really looked into it because in doing so would require me to understand the intricacies of the capitalists systems causing these problems. and the last thing i need right now is my marxists peers calling me out for doing something other then drowning myself in my own cum.

but i can tell you what karl marx had to say about the EU crisis,

Edited by hey ()

#114
Post rating: ~

ilmdge posted:

Cycloneboy posted:

buy lots of greek government bonds.

what do people think about this. i mean about greece and those other fucked european states and the ecb and so on. is there any hope whatsoever that their current strategy of giving more loans for more austerity or whatever will rescue anything. just seems like kicking the can down the road but this has been a really slow burn crisis, the sick man of europe in hospice care but never dying sort of thing. get well soon dm. i always got my information frmo dm



That's the tip of the iceberg compared to what will happen when the US loses reserve currency status and oil imports are denominated in bitcoin.

#115
Post rating: ~
Banks will be "saved" and then the welfare state will be dismantled in order to "save" it
#116
Post rating: ~

ilmdge posted:

Cycloneboy posted:

buy lots of greek government bonds.

what do people think about this. i mean about greece and those other fucked european states and the ecb and so on. is there any hope whatsoever that their current strategy of giving more loans for more austerity or whatever will rescue anything. just seems like kicking the can down the road but this has been a really slow burn crisis, the sick man of europe in hospice care but never dying sort of thing. get well soon dm. i always got my information frmo dm



didnt i already post a chart in this thread that showed wages need to decline by 50% across the board in EU countries for the EU to stay "solvent"

#117
Post rating: ~
same goes for USA, lol
#118
Post rating: ~

AmericanNazbro posted:

ilmdge posted:

Cycloneboy posted:

buy lots of greek government bonds.

what do people think about this. i mean about greece and those other fucked european states and the ecb and so on. is there any hope whatsoever that their current strategy of giving more loans for more austerity or whatever will rescue anything. just seems like kicking the can down the road but this has been a really slow burn crisis, the sick man of europe in hospice care but never dying sort of thing. get well soon dm. i always got my information frmo dm

didnt i already post a chart in this thread that showed wages need to decline by 50% across the board in EU countries for the EU to stay "solvent"



Are you implying that fulfilling the Marxian theory of crisis has become a deliberate policy objective?

#119
Post rating: ~
when has it not
#120
Post rating: ~

AmericanNazbro posted:

when has it not



But it's always been that class dialectics are supposed to be washed away in the trickling-down of wealth.