Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • J Lou
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    1 year ago

    They are not welfare capitalists. They advocate an economy where all firms are democratically-run worker coops. The idea that such worker coops are based on social ownership of the means of production and that an economy consisting of worker coops does not have private ownership of the means of production is based on a misunderstanding of worker coops and capitalism. For example, it is possible for a democratically-run worker coop to rent a factory from a private third party

    • @Nevoic
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      11 year ago

      “from a private third party” where? A (non-foolish) socialist would advocate for rules against renting people, just like we’re not allowed to buy people right now.

      That would mean there would be no private third parties that are renting out factories of rented workers.

      If what you’re saying is “from a private third party outside the socialist space”, then that’s a problem for all kinds of socialist spaces. We can’t control productive forces outside of the space we have domain over.