Work Reform @lemmy.world FenrirIII @lemmy.world 1mo ago

Marxist Financial Advice

cross-posted from: https://lemmy.ml/post/16038479

Marxist Financial Advice

Source

Comics @lemmy.ml A Cool Dude @lemmy.ml 1mo ago

138 7

39 comments

“Almost a third on rent”? What utopia do they live in?

Right now a simple 2bd apartment averages $2450 where I live and this was always know as the cheap Canadian city! Bonkers!
- So it's either the city or the forest? Rural towns, commuter cities, farmer villages...
- Imagine being able to afford rent. I just live with my parent and hate it every day!
  
  Oh look at “can live with their parents” over here. How luxurious!
- Hey now, you could probably downgrade to a 1bd and save $200 a month
- here in sweden most cities have some amount of municipal housing, where you can get a family-sized apartment for like $1200 equivalent, or a studio apartment for $300-400
  
  it's almost like socialism works, and it works so fucking well that they have to legally restrict the municipal housing from being more than like 17% of the housing supply lest it nuke all private landlords from orbit
- It's 3,100 where I live... And these are American dollars. I'm tired...
- Is the average salary 3600? Then it would check out.
  
  Worse, actually. My net at $58,000CAD got me $3,600/mo. If I wanted a simple 2bd today it would be now two thirds of my take-home. The friend who rents my guest bedroom has become my roommate over the last few months as they’ve been unable to find a place that’s even vaguely reasonable.
This must be an old comic. They're only spending a third of the money on rent.
- Yeah there used to be a time when, in order to qualify for renting or buying a dwelling, candidate had to prove to the housing industry that they earned three times the amount of rent or mortgage. Is that still a thing?
  
  Don't ask me. I'm getting my house the old-fashioned way.
Everyone needs to read "Hell's Angels" by Hunter Thompson.

There's a chapter where he lays out the economics of being a biker/hippie/artist circa 1970.

An Angel could work for six months as a Union stevedore and make enough to hit the road for two years. A part time waitress could afford an apartment for herself and her musician boyfriend.
- But how many super yatchs were there in the seventies?
  
  Checkmate workers
  
  That's another thing I always mention.
  
  When Ronald Reagan took office, 'middle class' was defined as one Union salary job supporting a family of four, and $1 million was considered a vast fortune.
  
  By the end of Bush Sr's term, 'middle class' was two jobs to keep the family going, and $1 million was what a rich guy paid for a party.
Marx Financial Freedom Steps

Buy a gun and ammo

Revolt against your oppressors

Don't profit because profit is bad
- enjoy the freedom of not needing an employment to live, and presumably free public transport letting you go anywhere at any time without needing to think about access to fuel or parking or how to feed and house yourself while you travel
- Step 1: buy useless shit.
  
  ...
I love the comic where he plays Monopoly and flips the fuck out
I think you might be missing the point of the comic.
- The point being that the supposed financial advice is really stupid and outdated/suspect
  
  Just absurdly impractical for an everyday couple.
And all that avocado toast! I mean really!

39 comments

Marxist Financial Advice

Marx Financial Freedom Steps