/biz/ - Business & Finance

>>14337714
Smith and Ricardo were describing Capitalism in the shadow of full on feudalism. At least in capitalism the workers could quit the factory if things got really bad. In feudalism the serfs couldn't leave the land they had to work without permission from their lord. That's a pretty big upgrade as far as the serfs were concerned. On the other hand it was a big upgrade for the feudal lord too, he didn't have to provide housing or protection for his new independent contractor workers.

Marx was right to criticize capitalism aka: the idea of an investing class that owns the means of production. He was right about the labor theory of value too. But his solution proved to be kinda unworkable and just led to a new different ruling class, new boss same as the old boss.

I dont know what the solution to the capitalist class owning everything is. But i cant help but think ANY decentralization introduced by crypto into the system has to be an improvement.

Hello friends i am newfag to stock market. I want to start with 50 bucks on an index fund. Is this a good idea? Any suggestions on funds to buy? I would prefer a fund with dividends.