this post was submitted on 23 Jan 2024
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You're conflating the two concepts by asserting the value of money (currency) will be somehow diminished, if the system and mechanisms designed to concentrate it into the hands of the individuals (capitalism) were dismantled.
Why are you so certain that converting a company like Amazon from Private ownership to employee owned would necessarily tank the economy?
Focusing on making apologies for the system, saying "it's hard," and tearing down alternatives because "ItS jUsT nOt ReAlIsTiC" is neoliberal and not constructive either.
No. I am saying that if and when we get around to dismantling those systems to concentrate wealth into the hands of a few, we will see real world consequences for those actions because money/currency only has value if we agree it does.
We have seen the devaluing of different currencies world wide and the effect on the people using them before. Value remains the same in commodities which are necessary.
You insist I'm trying to make excuses for the rich or for the system. What I am saying is that if done incorrectly we will see fallout that will detrimentally affect us.
First and foremost because people are not educated in economics, the nature of currency, or the systems they are rooting to dismantle.
Second because it will take a concerted effort from the majority to make this happen at all, and most of the people in this thread can't even see past "eat the rich" which will not get the result we want.
Can you stop assuming I'm just making excuses for like 5 seconds and consider the rest of the comments in this thread and others like it? If we are dismantling the financial economic systems that make up our capitalist society we are gonna need to have our ducks in a row and nobody even agrees on what that looks like.
This right here is why people always manage to take advantage of socialist or communist society. Because people don't want to actually learn what it means and what the pitfalls other societies that have tried it have run into. There's always gonna be someone trying to take advantage. There's always gonna be selfish people.
What alternatives did you recommend? Because none have been brought to me in this thread. I have brought up several ideas that can work in concert, but I think they would fail if done one by one.
Nobody suggested to me that we should "convert Amazon to private ownership" but even if they had, nobody has explained how we do that. Have you got a plan?