this post was submitted on 20 Aug 2023
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[–] [email protected] 35 points 1 year ago (35 children)

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.

[–] [email protected] 2 points 1 year ago

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.

[–] [email protected] 2 points 1 year ago (4 children)

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.

[–] [email protected] 4 points 1 year ago

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.

[–] [email protected] 2 points 1 year ago

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.

[–] [email protected] 2 points 1 year ago

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.

[–] [email protected] 2 points 1 year ago

Not saying I'm in favor of it, but there's still market socialism out there as a political stance

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[–] [email protected] 28 points 1 year ago* (last edited 1 year ago) (92 children)

You literally left Reddit because of what capitalism did to it.

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[–] [email protected] 11 points 1 year ago (2 children)

Wtf is an uncorrupt government?

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

All types of governance and economic systems are susceptible to despotism.

It takes a constantly educated and involved population to fight it.

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[–] [email protected] 9 points 1 year ago (58 children)

The bias is justified. The left is correct. Markets don't create wealth without necessarily simultaneously creating poverty

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[–] [email protected] 7 points 1 year ago (3 children)

To paraphrase this cool guy named Ernesto: Its not our fault reality is marxist che-si

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

I think you will find any place thats well moderated and cracks down on bigotry and hatespeech will skew left.

Weird how that is, huh?

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[–] [email protected] 3 points 1 year ago

"Uncorupted Goverment" LoL when did that last happen under Capitalism?

[–] [email protected] 3 points 1 year ago

You'll be happy to know there's a social media site just like lemmy run by capitalists. It has all the benefits that capitalist ownership provides.

[–] [email protected] 2 points 1 year ago

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

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

That's why I'm here. All the corporate owned social media are blatantly far-right fascists. Everywhere else is just thick with Nazis and racists.

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