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0 pointscostco2y ago0 comments

KickAssTorrents made millions of dollars a year in advertising revenue. I doubt their decision to start Rarbg was charitable or even ideologically driven. They probably just want out now. Lower margins may have been a part of that.

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wahnfrieden2y ago

Can be both. Even Marx participated in the stock market

miroljub2y ago

Marx always preached that the way to go is for the working class to become owners of the means of production. The only logical way to achieve exactly this is to participate in the stock market and own company shares.

I still don't understand how the communists managed to convince people that Marx saw things exactly in the opposite way.

Even now, you hear left leaning parties telling that "stocks are evil, one can lose complete retirements on the stock market" and in the same time "rich are rich because they earned everything in the stock market".

mordae2y ago

> "stocks are evil, one can lose complete retirements on the stock market"

Putting retirement money into "balanced portfolio" of stocks also destroys competition and pits corporations against their employees in a fight to get them more money after they retire minus the profits of the bookkeepers or how are those managers called.

> "rich are rich because they earned everything in the stock market"

Insider trading. :] And also just buying index funds, with the save issue as above.

pxc2y ago

Of course he did! Marx was an economist, living within and studying capitalism. He wasn't some ascetic monk.

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