The problem there is the same as that of idealised communism, you're relying on humans to do what they typically don't do. Humans will take for themselves at the cost of communities if they feel they can get away with it, including the ones in government.
Capitalism is literally predicated on “you should take for yourself at any cost” and does everything in its power to limit anything that might bring consequences.
except of course no government can regulate a Freed market.
If we truly Freed the market of government controls the workers could ownership of the fruits of their labor and the laws of supply and demand would regulate the market naturally
I'm a leftist and I disagree. Reality is politically neutral. I happen to believe unregulated a Freed market would result in a leftist market but we can't know that for sure until such time the revolution comes.
Engineers and designers made it great. Reddit could very well exist without capitalism (see Lemmy). What fucked up Reddit was explicitly capitalist incentives.
It was a pedo networking tool reknowned worldwide for it’s jailbate and non-consensual creepshots. These moderators received awards from admins. Then it got too much attention and got a PR workover, burning a woman CEO at the stake to satiate the gamer-fascists before becoming a bland Atlanticist CIA sockpuppet front of bland corporate posts.
At no point during this entire thing did it ever approach anything comparable to greatness
There is no balance though, the shit-ification that happened to Reddit is a necessary function of capitalism. What we saw as Reddit at its best was, from a capitalist’s perspective, Reddit at its worst. I’m sure you’ve noticed a similar process taking place in lots of other areas as well.
You left reddit because of capitalism. What is an IPO? It is the launch of a business onto the public capital markets to release equity and to enrich its existing owners. What do all businesses on the markets operate on? Short term growth for the next financial quarter optimised to enrich their investors (shareholders) in the shortest amount of time possible.
Capitalism consistently destroys everything you enjoy and yet you defend it relentlessly while asking for long term thinking, which is not a feature of capitalism. When you wake up to this reality you might actually start to question “maybe the socialists are right about a few things” and spend some time with us learning what we actually believe.
But you know what happened after Reddit turned to crap? Because no one actually has to use Reddit, because Reddit is just a bunch of bored nerds and Reddit is just a bunch of forums, eventually someone realised: “wait a minute, I can code this in a few weeks and make it way less crappy than most social media. And maybe if I make it all open, a whole ecosystem of social networks can grow together”. And when Reddit turned to crap, “the invisible hand” acted and people slowly started to migrate over to lemmy and other social media and now reddit is just a bunch of bots
Mate please check my profile. I have been here for 3 fucking years. Lemmy did not magically appear in a few weeks that is incredibly offensive to the sheer amount of work my comrades have put in to make it.
And calling their work “the invisible hand of the market” is also nonsensical. Because the forces driving its creation, and the rest of us communists that support it, are the destruction of the markets. There is not one single jot of profit motive involved in Lemmy. You seem to recognise some of the problems of capitalism but consistently come to incorrect conclusions about everything because you have spent no time whatsoever getting a real political education and understanding the forces at work.
And you fail to ask yourself what happens to your “market forces” alternative to reddit. In any scenario where the market is responsible for replacing reddit the market will also bring it back to exactly the same point of self-destruction through pursuit of capital. You will hurt yourself all over again.
Socialists don’t hate markets, they hate workers not having any power or democratic choice in how they interact in the market.
Workers owning the means of production just means the workers are doing the same work but they are in ownership of the factory and the profits. They will still sell the products they produce in a marketplace.
They will still sell the products they produce in a marketplace.
There is no rule that states they have to sell squat in a marketplace. They could, but they also couldn’t. That’s the whole point of the workers owning the means of production - the workers involved makes those deicisions, not a capitalist or bureaucratic parasite class.
Market forces on their own produce many if not all of the perverse incentives of capitalism. Only a centrally planned economy, built on a foundation of grassroots democracy, can hope to overcome those incentives by doing economic planning with an eye towards future sustainability and quality of life, rather than towards profitability.
I think the better way would be a centrally planned economy for some goods (electricity, “normal” food, health, …) and something more “free” for the rest of the market. Bread has a marked price but a PS5 doesn’t.
The idea of centrally planned economy ignores the lessons of the past. Bronze Age empires and recent examples all display universal inability to adjust to changes.
It’s the same magical thinking as the blind belief in market forces exhibits.
Priests of “invisible hand of market” ignore information exchange speed limits and market inertia, believing that markets will just magically fix everything in time for it to matter.
Preachers of central planning ignore information exchange speed limits and market inertia (and yes, there is a market, as long as there is goods and services exchange, however indirect) by believing they will have all the relevant information and the capacity to process it in time for it to matter.
Neither is true. Neither school of thought even attempted to show itself to be true.
Within the context of one person’s career, socialism on its own can do quite a bit to transform people’s relationship to their workplace. No longer would your job be at risk because you’ve all done too well and it’s to “cut labor costs” while profits soar. No longer would you be worried about automating away your job, instead you’d gladly automate your job away and then the whole organization could lower how much work needs to be done as things get more and more automated.
Democracy would massively improve work-life balance.
Of course this comes with problems, all of which exist in capitalism (how do we care for people outside of these organizations who won’t have access to work, for example). But if I had to choose between market socialism and capitalism, the choice is pretty clear, and it’s something much easier for liberals to stomach.
Add comment