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/leftypol/ - Leftist Politically Incorrect

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if you are such a good marxist who is really well versed in the economy how come you are not making a lot of money? if marxism is truly the correct ideology that can see and predict trends in the economy and the way money moves it should help you earn bread, marx invested in the stock market after all.

My parents have money, I just work the 9-5 to appease them and relate to normal people until they die and I get the inheritance

>>2661691
can I suck your dick?

>>2661685
I don't want to participate in it. My friends are all office people or tech bros and despite their money they all seem kinda tired all the time. Never having fun just work work work

>>2661700
I’m spoken for, also the only place my dick feels good is my hand

File: 1769221190650.png (34.48 KB, 447x447, ClipboardImage.png)

>>2661706
Trvke. Neetbux and chill is the way

>>2661685
I made alot of money

>>2661717
I do have a job, but its a simple grocery job. Ezpz and I don't take my work home with me

>>2661685
I've been doing pretty good on Polymarket. I don't really think of Marxism as a "correct" ideology as much as it is anti-ideology, or at least it's most compelling to me through that lens, and that's pretty useful since prediction markets tend to reward process-oriented thinkers and narrative skeptics. Empiricists and moralfags get wrecked.

>>2661758
tips on how to gitgud on polymarket? Also do you just have an accountant for your taxes so it isn't a pain in the ass?

>>2661774
I haven't figured out the second part out yet.

Tips… people have different strategies. For me it's kind of case by case, it's like asking why I thought Mamdani was going to win when others didn't, stuff like that. There's a ton of crypto bro and gambler types who try these min/max strategies but I think most of them lose money because a lot of these markets are not symmetric probability problems like professional poker (although poker guys seem to love it and have their own strategies). Like I made $50 the other day betting that Trump would TACO on Greenland, but markets tend to overreact to headlines. You could get a swing in one direction when the underlying conditions that are leading to a particular yes/no resolution haven't changed so you can fade the opposite side of the swing. A lot of Polymarket users are also insane.

I'll find markets that I think are mispriced and do a lot of research while putting my tippie toes in and then grow it if I think the trend is looking good. Don't commit too much to any particular market to avoid getting wiped out. Keep an eye on the amount of liquidity and the spread in the order book. If you plan to sell (or need to) then there needs to be enough liquidity to sell into. Also there's the Warren Buffet rule about jumping to a different boat when you're in a sinking ship.

>>2661685
> if marxism is truly the correct ideology that can see and predict trends in the economy and the way money moves
China won though

>>2661685
Someone gulag this diversionsit

Marxism shows contradictions in mode of production, and helps exploited overcome exploiter.

It is not necessarily guide to being exploiter, though capital can be read that way if one desires to exploit. You need to be first to automate industries that still use high amount human labor. The more automated the industry, the lower the rate of profit. But if you are first to introduce automation to an industry with high amounts of human labor, you make more profit than that entire industry until the automation uniformly catches on in the industry. at which point the rate of profit becomes lower. See video.

>>2661810
legitness

I lack funds to actually invest in stuff but I have made accurate predictions before.

>understanding macroeconómicos is magically going to change your class

>>2661758
>process-oriented thinkers and narrative skeptics. Empiricists and moralfags get wrecked.
>Empiricists
I know Marxists are against Empiricism, but I don't understand why. I thought empiricism was the basis of science. I've asked before and I keep getting told to read Lenin's Empirio-Criticsm. I don't get that one. It confuses me. Can I get an explanation for dumbasses? How is empiricism incompatible with "process oriented thinkers and narrative skeptics?"

>>2661853
Empiricism is like, show me the proof. Facts not feelings. It's not bad per se but what I mean by process oriented thinking is like "systems thinking." "Dialectics" is often treated too fancifully but it's really about how things emerge, develop, change. You need a feel for developing trends, while the problem with empiricism as applied to prediction markets is the data they're relying on is obsolete by the time the markets move or results in a resolution.

Also Shayne Coplan, the CEO, deceives people because he's, like, Polymarket ~is the most accurate thing ever.~ He says things like that. That is if you believe a market price is 1:1 with reality but that's how he suckers people into injecting liquidity into the markets, but most of them lose money to the sharps.

>>2661853
Thought about it a little more. It'd be inaccurate to say Marxists are against empiricism outright, I think? That'd be like saying Marxists are against facts and logic. But it's incomplete. A market can be irrational, or a price in a market can reflect certain biases that derive from social relations. Or really what we're talking about is just people hyping up a nothing burger but what they're really doing is engaging in financial speculation and then the whole bubble collapses.


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