I’m thinking about anti capitalist investments.

Traditionally, it has been common to talk about investment in the sense of “generating” wealth. The economy is going to grow, therefore it is good to invest your money in mutual funds or diverse portfolios.

Traditional investment is orwellian for buying the rights to workers labor. Therefore, by principle I shouldn’t invest in the traditional sense.

But just having money just laying around in the bank isn’t very clever either as inflation will devalue it. So I’m thinking about anti capitalist investments.

Investments in non-profits

My idea of investment doesn’t just encompass how to increase my personal wealth, but also the wealth of the planet, wealth of human beings and wealth of animals. This means that I consider a donation an investment. I could view such investments as giving much higher return than even the most ethical company.

By donating, I’m also incentivizing myself to pay more attention to these organizations.

Investment in personal property

I could invest in possessions that I predict is going to be very useful to fight capitalism. I could buy tools to create independence from big tech. Or items that improve my mental health or helps to connect with other people.

Investment in personal sector

I could work less in order to invest in my personal wealth and working for non-profit sector.

Investment in independence from work

Another investment type is one to reduce loans and expenditure to as close as zero. This would reduce the corporate and state workforce. It would also free up your time to do what you want to do. Perhaps start a non-profit or spend your time helping out established ones.

What are your thoughts on this?

  • uthredii@lemmy.ml
    2·
    3 years ago

    I think it is broadly ok if your investment doesn’t exploit others.

    This could be investing in something a community can share like:

    • FOSS projects
    • Community gardens
    • Food banks
    • Non profit orgs

    However, like other people have said it is practical to invest in some things for yourself:

    • an emergency fund
    • Land you can live on (to protect against unpredictable rents)
    • even some stock and cryptocurrency is acceptable to some degree (imo) as in many countries large savings are required for old age.
    • Jeffrey@lemmy.ml
      2·
      3 years ago

      Real estate investing is not anti-capitalist. The commodification of housing is fundamentally against the tenets of socialism.