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SankaranSpy@hexbear.net to askchapo@hexbear.netEnglish · 2 years ago

Which is the Marxist explaination as to why money in the stock market sometimes beat inflation?

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Which is the Marxist explaination as to why money in the stock market sometimes beat inflation?

SankaranSpy@hexbear.net to askchapo@hexbear.netEnglish · 2 years ago
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  • thirtymilliondeadfish [she/her]@hexbear.net
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    2 years ago

    number go up, number go down. Can’t explain that. - Marx

  • FourteenEyes [he/him]@hexbear.net
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    2 years ago

    I don’t have enough energy/deep lore to go into it but the stock market is all speculative bullshit and is equal parts behind-the-scenes manipulation/corruption, computers jerking each other off all day, and a giant roulette table that Patrick Bateman does coke off of to celebrate Nestle still being allowed to use slaves

  • GaveUp [she/her]@hexbear.net
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    2 years ago

    Inflation is a real measurable metric on the rate of change of the value of a currency/price of goods while the value of a share in the stock market/market cap of a company depends entirely on supply and demand

    You may find Marx’s writing on fictitious capital useful for your inquiries https://www.marxists.org/archive/marx/works/1894-c3/ch25.htm

  • infuziSporg [e/em/eir]@hexbear.net
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    2 years ago

    Because there are other sectors of the economy that often usually lag behind inflation.

    Wanna guess which ones?

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