what is “liberal economics financial advice”?
I get what they mean, when I first started reading Theory, I wanted to avoid the concept of investing completely, thinking that by participating in a capitalist system and looking for financial advice from the news to be more financially stable, I must be a Counter-Revolutionary/ Capitalist. Admittedly this isn’t how I think anymore, if you wanna invest because you already have a job and don’t wanna break your back working a second one, I see no harm in safely investing properly. Also important to remember that Engels was a factory owner, he participated in Liberal Economics and was profoundly influential to the Communist movement
You more or less don’t have a choice if you want to have a sliver of hope of retiring (or maybe dealing with one (1) medical emergency) in . Whoever decided to replace pensions with 401(k)s should [redacted].
It’s not really ethical if you’re doing it to exploit others/make more than you need, if you’re just doing it to get by it’s fine.
What do you mean by liberal economics financial advice? Like advice about investing? Or advice about saving and having a budget?
You should definitely follow a budget and save if you can. At some point if you have enough it may be a good idea to invest your money but you’ll need to think carefully about that. I can’t give any specific advice, as I’ve never had to face the problem lol.
Sure, do what you can to better yourself under capitalism while simultaneously fighting for socialism. Remember the stock market is basically gambling though, and it’s probably fucked in the near future as the empire collapses. Maybe invest in precious metals or something? I know the market’s kind of rigged, but it might get better as more people buy in to avoid disaster? Idk.
