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?
I think for practical reasons it also depends on how much we are talking about. If you are thinking about something in the millions, then yes, I feel it would be utterly important to be very considerate regarding how you can invest ethically.
However, if we are just talking about 90% of the population trying to put money aside, then frankly I don’t think we should put an ethical burden on the investment decision. These amounts won’t change anything in terms of how ethical the economy is and I believe it is unfair to make it harder for people for no reason, when these people are already struggling in ways.
So I would say that 90% of people should invest where it makes the most sense for them in terms of time available to research and return on investment.
The economy is not a democracy. We can’t vote ourselves out of this with our wallet.