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

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DreamlandLividity@lemmy.world ⁨6⁩ ⁨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 my experience, these anti labor practices are not a thing where I live.

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

Funnily enough, the corp I work for is quite obsessed with making products last longer. How is that possible? Simple. We provide service contracts together with purchases, so customers pay monthly service fee and we have to keep the products functional. So it saves us money (and increases profit) to make repair costs low. You just need to think a bit outside the box.

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.

Profit is a function of the value created vs resources consumed to produce the value. As long as there are worker protections legislated, that is just efficiency.

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

What are you even talking about? Yes, the most efficient companies emerge on top which is exactly what we want.

competition is massively inefficient; you have no incentive to share anything, so huge amounts of redundant research and work gets done without public benefit.

That is true.

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.

The issue is building such an economy. Most people will always pursue their selfish gains. Capitalism channels this by making “creating valuable things we can sell to people for minimal cost” result in large profits. Where the selfishness would show up in a cooperation based system you describe would be much more difficult to predict since it depends on the details of your system. But the results are likely to be worse exactly because it is hard to predict and therefore regulate.

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