this post was submitted on 29 Feb 2024
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[–] [email protected] 28 points 6 months ago (6 children)

Still think something between communism and capitalism would be the best. Both show a lot of problems but both have benefits. A well regulated and equal competition with linear growth(not like capitalism with its exponential growth that produces musks and bezos') sounds right to me. I think UBI would be exploited so just give them the basics in food, shelter, internet access, etc. But of course in the hellscape called modern politics everyone has to be an extremist so only hardcore capitalism, hardcore communism, genocide, etc are represented.

[–] [email protected] 36 points 6 months ago (5 children)

Market economies are actually pretty great for a lot of things. The problems we have in capitalism are 1. the capitalist class, who make their living without contributing anything by min-maxing wages and prices, and 2. the privatization of necessities.

  1. A market economy for non-essentials would work splendidly so long as the income of each business was distributed to the people who actually did the work. The problem is non-working shareholders. Every worker should be a shareholder, every shareholder should be a worker. Market socialism is the way.

  2. Market economies cannot work efficiently for essentials. If the alternative to a purchase is death or serious injury, it ceases to be a voluntary purchase, the downward pressure of abstinence vanishes, and prices skyrocket. We've seen this in healthcare and housing. We need a public option for both.

[–] [email protected] 16 points 6 months ago

Profit motive still forces enshittification, unfortunately.

[–] [email protected] 8 points 6 months ago* (last edited 6 months ago) (1 children)

https://en.m.wikipedia.org/wiki/Market_socialism

There's also a lot to be said about financial norms and systems, for instance regardless of the organization of labor the way we measure GDP is fundamentally a very flawed and arbitrary approximation of "wealth" yet it is the driver behind so many political decisions. My (admittedly unqualified) understanding is thst we could significantly improve quality of life and market efficiency by addressing some of these flaws.

[–] [email protected] 1 points 6 months ago (1 children)

Market Socialism would be a great improvement in stability and quality of life, but it wouldn't solve enshittification outright, because the profit motive is still there. Ideally that would be phased out.

[–] [email protected] 2 points 6 months ago

Every improvement is incremental, a stable system is developed by individual steps in the right direction. Overly ambitious changes tend to regress back to the last point of stability.

[–] Feathercrown 5 points 6 months ago

This is the way

[–] [email protected] 4 points 6 months ago

I think if we can steer this burning trash pile into a regulated coop-based economy, with a star-based voting system (I'd settle for ranked choice at this point), whose economy isn't propped up by the cheap exploitation of developing foreign nations, I'll be much happier. While we're at it, solving homelessness and developing more sustainable infrastructures would be great.

[–] MyFairJulia 1 points 6 months ago

You had my interest but now you have my full attention.

[–] [email protected] 13 points 6 months ago

Capitalism is very clearly not a one-size-fits-all solution…but if there’s one thing capitalism hates, it’s competition.

[–] [email protected] 10 points 6 months ago* (last edited 6 months ago) (1 children)

capitalism corrupts

Also there's nothing inherently wrong with extreme ideology as a concept. It's only a call for radical change to the current social order. Liberalism which is to say our modern "democratic capitalist" structure would have been considered extremism during feudal times.

The extremist boogie man is a lie peddled by those who benefit from the status quo to insure those who don't are too scared to change it

[–] Feathercrown 3 points 6 months ago (1 children)

Extremism usually relies on wishful thinking tbh. Also see this handy chart:

[–] [email protected] 21 points 6 months ago (5 children)

The problem is that some of them don't have to wait for society to collapse, sometimes society is destined to decay into a specific form. The final stage of capitalism is fascism

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[–] [email protected] 8 points 6 months ago (2 children)

Why not something like market socialism?

[–] [email protected] 6 points 6 months ago (1 children)

Market Socialism is a great common sense first step, but it leaves enshittification because it keeps the profit motive. Ideally the profit motive should be phased out.

[–] [email protected] 2 points 6 months ago (1 children)

I don't think it's a perfect system, however there are easy ways to prevent this problem. You simply make either the customers or the government one of the parties holding shares of the companies. That way the customers also get to vote on decisions, or the government on behalf of the whole society.

[–] [email protected] 3 points 6 months ago (1 children)

I feel like that's just a less efficient non-market form of Socialism, at that point it might make more sense to just fully socialize.

[–] [email protected] 2 points 6 months ago (1 children)

Fully socialize? Socialist market economy is a true socialist system already. You can't make it more socialist. Your confusing communism with socialism.

[–] [email protected] 2 points 6 months ago (6 children)

I'm aware that it's fully anticapitalist, but full Socialism would imply collective ownership of the Means of Production, not just ownership at an entity level.

Communism would also get rid of the state, so I'm not quite referring to Communism in this instance.

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[–] [email protected] 1 points 6 months ago (1 children)

Isn't market socialism literally just a form of capitalism? Like if you still have markets and a profit incentive then you're not really socialist

Not saying that's bad, just thinking really it has always seemed to me like capitalism with a strong social safety net. Which to me seems ideal, just want to know if I'm missing something?

[–] [email protected] 1 points 6 months ago* (last edited 6 months ago) (8 children)

I think you're confusing social democracy with market socialism.

In market socialism the working class owns the businesses they work for, possibly in conjunction with the government or their customers. There are no people who became shareholders by buying shares, and starting a business doesn't mean you get to own all of it. It's essentially a society where all businesses are worker co-ops.

It has nothing to do with a social safety net. In practice one would probably exist anyway, but it's not a strict requirement of this sort of system like it is in social democracy. Technically you wouldn't have to have free universal healthcare either.

It helps to know that the definition of socialism I am using is based on the marxist one: a society where the workers own the means of production.

Edit: Profit still exists in this system but it's shared more or less equally between the workers of that business. This means workers actually have a concrete incentive to work well, not just the vague possibility of a promotion. It also means you will probably see less short term profit making and less overwork hopefully.

[–] [email protected] 1 points 6 months ago (24 children)

How do you get your initial capital to start the co-op? Like you can't have investors, so is every worker required to buy in the the initial venture?

By the way you are entirely free to structure companies this way under a social democracy

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