this post was submitted on 13 Jan 2023
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Socialism

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#Welcome to /c/socialism

Socialism as a political system is defined by democratic and social control of the means of production by the workers for the good of the community rather than capitalist profit, based fundamentally on the abolition of private property relations.

Socialism is also a sociopolitical movement dedicated to the critique and dismantling of exploitative structures, including economic, gendered, ethnic oppression.

Socialism, as a movement, confronts these different systems of oppression as mutually conditioning, intersectional, and/or dialectically related within the current hegemonic order. It seeks to overcome oppression in a holistic manner without neglecting any particular axis so that it might be eliminated and genuine social emancipation may be realized. We recognize that Socialism cannot be achieved while structural oppression continues and workers are divided.

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Are you new to socialist ideas? Wondering what alternatives to capitalism exist? Please check out our educational materials and wiki further down in this sidebar.

#Posting Guidelines

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My take on indicators of socialism [OC map] (datawrapper.dwcdn.net)
submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]
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Basically, the assumption is that PPP-adjusted GDP per capita (B) is a reliable measure of the economic activity in a country, while its ability to satisfy the needs of its population is better quantified by the PPP-adjusted median wealth per adult (D).

Wikipedia provides B, as well as unadjusted GDP per capita (A) and unadjusted median wealth per adult ( C), so it's a reasonable assumption that D = BC/A. Since B represents production, C/A is a coefficient indicating how well this production translates to better quality of life.

So, my question is, for an arbitrary D, how much do each of both factors contribute to it? We need to find x so (Bx)(Cx/A) = BCx²/A = 1, so, since 1 = D/D = BC/AD, we find that x = 1/sqrt(D).

Then the normalized production factor is Bx = B/sqrt(D) = B/sqrt(BC/A) = sqrt(AB/C). Since this factor follows a logarithmic distribution, is only makes sense to take the logarithm, for p = log10(sqrt(AB/C)) = 2log10(AB/C). I just omitted the constant factor for simplicity.

It's far from perfect, as it tends to put together countries with lower GDP per capita and countries with fairer distribution, since both rely less on a high production.

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