Comment on If you want communism, you can start a commune

<- View Parent
redempt@lemmy.world ⁨2⁩ ⁨months⁩ ago

anticompetitive and anti labor practices are fundamental to capitalism - you can regulate them all you want, companies will always find ways around it. wage theft (overtime violations, unpaid or underpaid wages, off the clock violations, etc) significantly outweigh all other forms of theft (larceny, robbery, vehicle theft, etc) combined.

in addition, something like planned obsolescence (companies intentionally making their products less long-lived so you have to buy more of them) cannot be completely prevented with regulation, since companies can always choose not to make their product better in a particular way, or no better than the absolute minimum requirement.

profit measures value extracted, not value generated. providing a service to people (postal service, healthcare) produces a measurable amount of value which is not directly profit. you can always increase profit by paying workers less and charging more for your product, and these both get more effective the more you have cornered the market. a high amount of profit tends to mean a huge amount of money being extracted from communities and working individuals.

capitalism is competitive, and competitions have winners. you can make all the regulations you want, but even when everyone “plays fair” someone will eventually emerge on top.

competition is massively inefficient; you have no incentive to share anything, so huge amounts of redundant research and work gets done without public benefit. I see collaboration as the far greater social force, since it prevents us from undermining each other. an economy which is based on and rewards collaboration rather than competition would be better able to provide for everyone’s needs and ensure nobody is left behind.

source
Sort:hotnewtop