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Yeah I read theory (m.media-amazon.com)
submitted 11 months ago by [email protected] to c/[email protected]
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[-] [email protected] 25 points 11 months ago* (last edited 11 months ago)

Most employers offer a match on 401(k) contributions. For example, you contribute $500 per paycheck and the employer contributes $250. By turning down this money, you are literally letting the company you work for keep extra money that would otherwise go to you. Fuck companies. Accept the match, so they can’t keep that extra money. You worked for it.

I’m a Marxist and want the downfall of capitalism. However, I’m investing in total market index funds in case capitalism remains the dominant economic system for the rest of my life, because I don’t want to be a wage slave when I’m tired, old woman.

[-] [email protected] 2 points 11 months ago* (last edited 11 months ago)

You are free to do whatever you want, and you are not a bad leftist if you invest

But if you claim that you are not going against the most basic principles of socialism while investing is just sad

[-] [email protected] 20 points 11 months ago* (last edited 11 months ago)

The most basic principles of socialism like checks notes letting your employer keep extra value from you by turning down extra money and having to work as a wage slave when you’re 80.

[-] [email protected] 1 points 11 months ago

It's not extra money, it's a portion off the money they stole from you

[-] [email protected] 12 points 11 months ago

I don't see how this contradicts the point.

[-] [email protected] 7 points 11 months ago

But if you claim that you are not going against the most basic principles of socialism while investing is just sad

A whole lot of things in our lives go against basic principles of socialism, not sure how this is that much different.

[-] [email protected] 2 points 11 months ago* (last edited 11 months ago)

The difference is between capitulating on principles and capitulating for survival

this post was submitted on 16 Jul 2024
141 points (98.0% liked)

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