Profiteering is undercutting every possible thing. The profit motive over a democratically planned economy is horrible most of the time but really becomes a mess in a crisis.
Profiteering is undercutting every possible thing. The profit motive over a democratically planned economy is horrible most of the time but really becomes a mess in a crisis.
Just figured you may want to know, because you have a decent point.
I also believe that while many people are allergic to this right now, especially on meritocracy-loving hacker news, over time, this position will become more popular with most people because capitalism is structurally unable to solve its own problems and increasingly people’s recognition of that will overcome their fear of the unknown.
I think this has a lot of intellectual appeal. Capitalism has done a lot of progressive things and nationally coordinated, centralized industry is incredible. People often point that out and they’re right. But the economy and industry we have now is socially operated - through an international division of labor from farmers to programmers - even though it is privately owned and run not to satisfy the needs of workers and people, but to increase profits. This central contradiction between how production is organized - profit for those who own capital - and who runs it and who it should benefit - everyone, as decided democratically - is behind the dysfunction and social crises we’re rapidly plunging into.
Hold onto your seat! Things are going to get crazy, and I recommend reading Marx, he’s a lot more lucid and clear thinking than people who go half way like Bernie. In the meantime I’m not worried about people who dump on me for the horrors of “communism” because they sound more absurd every week.