Small investments – in defense of capitalism.

The critics of capitalism rightly state that 1% of the population has most of the world’s wealth, and that owners of capital have monetary power to employ the working class, and then take away most fruits of their labor… cause the poor people are powerless to do anything other than work for the capitalists.

But hey, is that really the case? I think not, and the poor do have the power to change their lives… if they accept that wealthy people are wealthy for a reason.

Of course some rich people are cronies, that live of government’s support and externalize costs of their businesses to the society. But as the economy gets more sophisticated, it doesn’t neccessarily need to rely on one branch… and some of the seemingly monopolistic branches are fed by customers.

  1. Spend less than you make. That’s the crucial rule, that will allow you to put aside some money. It will also decrease the capitalist’s power, if you are able to avoid the charm of mass-advertising, and lets you choose what you will build with your money later. But in itself it is not sufficient.
  2. Work smarter, find ways to leverage your work, maximise it’s output and utilize it more than once. It starts with as simple steps as reading some books to specialize in one’s work and being better than that, to changing the employer once you gain practice if the existing one treats you poorly. Try placing yourself in the position of manager (if there’s a clear path of advance in your company and you trust it), or do something entirely different.
  3. Cut back on costly habits. A beer a day, which millions of average people drink, doesn’t seem like much, but it will decimate your already small savings. The same applies to smoking, going to clubs etc. Go work out and read a book instead.
  4. Cut back on TV, Facebook, blogs, YouTube and even Wikipedia. Choose quality content.
    While being informed and stimulated seems like a good idea, and is educational in general, it places you in the position of consumer of culture. And while you consume, you cannot produce. Meanwhile some wealthy people concentrate on producing more wealth.
  5. Live as efficiently as possible. Sacrifice bits of comfort.
    Not many poor people seem to care about the small savings or investments like energy efficient appliances. If the price of LED light bulb still turns you off, think about all the carbon emissions it will save, and the corresponding energy bill. If public transport fees or car costs bring you down, consider if you could live happily in a more cosy apartment, closer to the city center. It might seem costly to buy square meters at exorbitant price, but if you think you see some value in the city you live in, many people of your nationality will see it in the future.
    Maybe you’ll own a very, very small flat instead of a bigger one but hey, do you really want to pay mortgage, and heating, and tax, and transportation costs for something that large? Driving to and from work will take away at least an hour of your day so… it’s not worth it, however little you earn you’ll have less time for productive activities.
  6. Go beyond that, think like an entrepreneur.
    For sure you know something that could make your life, and the lives of people around you easier. Maybe it’s a service that you would happily use, and you know how to provide. Or a good which you would buy. Or some absurdity in the world, which could be fixed if a business got started, or if people used a product that doesn’t even exist.
    Than think again, and if it’s something that is legal, safe and you could do it… why don’t you give it a shot?
  7. Invest smart.
    There were many entities that change the world around us, from the established businesses (shops, cafes, barbers, hairdresses, florists, construction companies, mechanics workshops) to the technological disruptors (such as Uber, the Internet, cryptocurrencies etc.). Beware of tricksters and manipulators which promise you easy money in the things you don’t understand… but if you do understand some issues and therefore you think you are able to predict the future needs of the people, why not giving a business or investing a try?
  8. DON’T GIVE UP
    OK, some things that you will do will seem crazy and meaningless. Your friends and family might not believe in you, cause you might have some failed experiences. Maybe it’s not a perfect moment to dump your stable job but… if you feel that you can do something better than you did before, then do it! And please, be obsessed about reading and educating yourself in the right direction. It will pay sooner or later.

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