Dictators and war are not unique to capitalism, they are just more profitable under it.
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I'm not pro-capitalism but I'm curious what flavor of replacement you would choose.
Socialism. When properly implemented, it has a fair amount in common with capitalism but you keep what you earn, the disabled aren't left to die, and billionaires aren't an option.
The only one of these I can see socialism eliminating is unemployment. You can easily have dictators and wars with socialism.
Super capitalism. It's like capitalism, but superer.
Let's try Universal Basic Income with proportional representation and lobbying made illegal.
How about capitalism with the appropriate government controls? Break up monopolies and all anti-competitive practices. Use regulations to actually punish violators (and not with some small fraction of profits gained from that violation). Increasing tax rates for the super wealthy with the right tax shelter penetrating laws.
Sprinkle in some appropriate social policies and safety nets.
I prefer Georgist economic democracy.
- All firms are structured as worker coops
- Land and natural resources are collectively owned with revenue derive from common ownership going out as a UBI
- Common pools of capital collectivized across multiple worker coops through a system of venture communes.
- Public goods and mutual aid institutions funded through some variant of quadratic funding
How are dynamics of violence and power handled? Within such systems I'm always worried about elites, coercion, consolidation. How are binding decisions made, and how do we prevent those powers from bringing about the things mentioned previously?
Worker coops are firms that are democratically worker-controlled. Communes are democratic also.
Unemployment would be less worrying due to the UBI. Worker coops are committed to their workers so have incentives to train them. Also, worker coops prefer to reduce pay during downturns rather than employment.
Trade policy between communes would be set by free agreement. Quadratic funding helps resolve collective action problems such as for defense. Power concentration is severely limited @memes
Hmmm, I see. I guess I'm asking about the nonlegal basis of law, or the non-normative basis of norms. Is there good contemporary research about the social dynamics of this at scale? I remember Lenin writing about commune clusters, and there's mention of scaling in Das Kapital volume one.
@jlou
A different thread: why only worker co-ops, and not also other sorts of co-ops?
I do wonder if, in order to encourage innovation, it's a good idea to allow non-coops in limited forms.
For example (and feel free to adjust these numbers), you can start a business and employ people but as soon as you pass €1 million revenue or 5 employees (whichever is first) then it has to become a co-op.
The existence of UBI, UBS and an economy that's majority co-ops should limit exploitation.
Based on ideas of Dmytri Kleiner and Glen Weyl. The commune's members lease all their capital from the commune. This is structured for minimal administration from the commune. Each member coop self-assesses a price for their capital. They pay a recurring fee on that price. The member is required to transfer the capital to anyone that pays the self-assessed price. With the right percentage, the incentives to over-assess and under-assess cancel out. The fee can be used to invest in coops @memes
Socialism. Worker Ownership of the Means of Production. Society run and owned by the Proletariat, for the good of the people, not profits for megacorps and large Capitalists.
Dictators, unemployment, and war are not because of capitalism. Do yall think the worlds problems started with the 16th century?
Not like it started with capitalism, these 3 have drastically changed under capitalism. Our only hope is that they will change further under techno-feudalism into something less devastating
That's not funny, it's just propaganda
JFC people this meme hits almost all the antisemitic tropes. All it needs are the wings rubbing together.
Centralization not capitalism is the root cause of many issue and the more we blame capitalism the further we are away from reality.
Capitalism fundamentally has issues with it that cannot be solved via regulation. There is absolutely no reason why it's necessary that there be petite dictators in charge of Production, rather than democratic control.