this post was submitted on 23 Feb 2024
1249 points (89.4% liked)
Memes
45734 readers
1135 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah, of course I have.
In particular, I've noticed how the pro-capitalist people don't seem to realize that we're not living in a pure capitalist system. Instead we're living in a mixed economy where key elements are socialist: road building, firefighting, postal services, food and drug safety testing, old age pensions, even ambulances (except for one minor exception).
A 100% socialist (a.k.a. communist) system might not be possible (at least not yet) due to human nature. The few times that it has been tried, at least in theory, it has quickly become an authoritarian system instead. But, AFAIK, it's so obvious that 100% capitalist would fail completely that no society has even bothered to try it. Hundreds of years ago there were brief experiments with things like capitalist fire services, and Pinkertons as police, but they failed so spectacularly that nobody even thinks of going back.
So, instead we quibble about "capitalist" vs "socialist" when we're really just arguing about whether the mix should be 80% capitalist, 20% socialist or 60% capitalist, 40% socialist.
This is a fundamental misunderstanding of what socialism and capitalism are. Simplified it's who owns the means of production, that is basically the "capital" in the name "capitalism", in socialism these means of production have a shared ownership. Now you can have a discussion of what that means, if state ownership counts or whatever but as long as individuals own the means of production it's not socialism no matter how much you tax them(it would still be an improvement to tax them more it's just not socialism)
This understanding of capitalism is a misunderstanding that both Marxists and neoclassical types share. It is not capital ownership that gives the employer the right to appropriate a firm's whole product. The employment contract is what gives them that right. Sure, capital ownership affects bargaining power, but the root cause is that contract. Abolishing the employment contract while still having individual ownership is possible (i.e. a market economy of worker coops)
Thinking of The Ragged Trousered Philanthropists/The Great Money Trick, now.