this post was submitted on 07 Nov 2023
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Free Market Capitalism is based on the infinite human ability to create and innovate.
Communism refuses to acknowledge individuals and their skills, incentivastion and has no ability to allocate limited resources successfully.
No it isn't. It's based on the infinite human ability to exploit others for personal gain, and its functioning for those who benefit from it is predicated on the existence of a working class that produces more in value than they are allowed to benefit from.
Socialism is not communism. It is based on the idea that workers should have ownership over their work, and it has been put into practice in the form of worker-owned cooperatives, like the Mondragon Corporation in Spain, as well as many that aren't the size of entire small cities. My argument is that an economy organized predominantly by that model would work much better for everybody.
This guy likes the Wolff.
Socialism is when the government does stuff.