Private property that isn’t personal is someone elses property
I’m not sure what you mean by this. Everyone is entitled to personal property, the things they have for personal use (e.g. your house or toothbrush). Private property is not someone else’s personal property, it’s the things for group use which generate value to the group (e.g. the industrial equipment necessary to create your house or toothbrush) which under capitalism are owned and controlled by investors.
The leftist position is that those “means of production” being owned and controlled by investors leads to the investors paying their staff as little as possible while charging as much as possible, so that they can thrive on the difference between prices and wages.
The leftist solution is for those “means of production” to be owned collectively by the people who actually use them to produce things. There’s a whole spectrum of exactly what that looks like.
On one side are those who think the government should own everything. The argument being that, assuming you can trust the administrators to not be corrupt, that is the best way to coordinate resources. This is logically sound, since the resources which would be wasted on marketing, and redundant R&D in competing companies, and other capitalist inefficiencies, could be directed productively. The flaw is in the “assuming you can trust the administrators to not be corrupt” part. That’s a big reason why the USSR failed.
On the other side, there are those who think that the basic concepts of market economics are sound, the problem is simply the capitalist-worker relationship. The argument being, capitalism can be subverted while retaining the benefits of market economies through co-ops: instead of revenue being paid in part to wages with the remaining profit being divided along shareholders, the revenue after costs is divided totally among the employees, who are themselves the only shareholders. This preserves the competitive innovation of the market, while excising the parasitic capital class.
Only the most extreme zealots in the Soviet camp ever push for abolishing personal property. That’s a fringe position even for the left.
Novocirab@feddit.org 3 weeks ago
Been drinking tap water straight from government-owned companies for decades
Still, though, you’re right that the question of the state not owning everything is a very serious one that needs to be addressed.
What are your thoughts on cooperatives, libertarian socialism, or anarchist communism?
wildbus8979@sh.itjust.works 3 weeks ago
My government owned power utility is selling me the cheapest electricity of all the OECD, and still turning a profit that’s returned in the government’s coffers to invest in research and social services. It’s awful!
untakenusername@sh.itjust.works 3 weeks ago
What I don’t like isn’t the fact that the profits of the service aren’t going to shareholders, but because it gives the govt more power over you. This is fine if you trust the govt, but at some point there is an extreme of trusting the govt with too much. like I wouldn’t want the chinese govt controlling my finances
wildbus8979@sh.itjust.works 3 weeks ago
Yeah you’re right, the shareholders really have my best interests at heart!
Thankfully in this case I AM THE SHAREHOLDER.
untakenusername@sh.itjust.works 3 weeks ago
I think a major problem with decentralizing too much is that basic goods that the modern world needs, like artificial fertilizers and computer chips cant be produced or if they can be produced they cant be made in large quantities. What I understand anarchist communism to be is many small communities of people that collectively grow their own food and make their own medicines, without much large scale trade. With libertarian socialism and cooperatives there’s still the issues that if the workers own the factories they aren’t going to be incentivized to take risks with the company, the average worker has no idea about macro-economics and how to run the business, and they also wont want to lower their wages if its necessary (like if the company is doing poorly or if there needs to be additional financial motivation for low preforming workers - obviously that can get out of hand but some of it makes sense). To somewhat even out the wealth gap I think higher taxes on the wealthy and more rights for unions is pretty much all that is needed.
in4apenny@lemmy.dbzer0.com 3 weeks ago
I’m sure if we asked the billionaires and their paid-for politicians nicely, they’ll start writing and enforcing laws that’ll tax them more and give more rights to unions.
Hard /s