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Re:How to get rich without being lucky (2019) by WalterBright on Saturday May 22, 2021 @04:19PM (#27249936)
The free market harnesses greed to make everyone else better off. We live in a golden age, all the result of greed.

No other economic system has come close to that.

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Re:How to get rich without being lucky (2019) by WalterBright on Saturday May 22, 2021 @05:30PM (#27250425)
> No economic system other than capitalism has come close to so much suffering and death.

See "The Black Book of Communism". https://www.amazon.com/Black-Book-Communism-Crimes-Repressio...

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Re:How to get rich without being lucky (2019) by WalterBright on Sunday May 23, 2021 @03:12PM (#27257668)
> He counts Soviet WWII dead as casualties of communism

I have a copy of the book. I haven't found that in it, although it's a large book and I may have missed it. Can you provide a page number? I'd appreciate it.

Re:How to get rich without being lucky (2019) by lucian1900 on Saturday May 22, 2021 @05:35PM (#27250463)
Which counts invading Nazis and babies that might have been born. It’s widely panned by historians and even several of the authors admitted they made bits up.

Regardless, capitalism’s death toll far exceeds 100 million, it achieves that much in a few years. The carnage is truly difficult to imagine, especially in the comfort such carnage buys for the imperialist countries.

Re:How to get rich without being lucky (2019) by rzmnzm on Saturday May 22, 2021 @06:54PM (#27250972)
Nothing in "capitalism" watches the scale of stalin's purges and dead camps. Or Mao's They followed an impossible dream straight into hell.
Re:How to get rich without being lucky (2019) by alentist on Tuesday May 25, 2021 @11:59PM (#27286149)
> capitalism’s death toll far exceeds 100 million, it achieves that much in a few years

Do you have a reliable source for this fantastical claim?

Re:How to get rich without being lucky (2019) by lucian1900 on Wednesday May 26, 2021 @02:02PM (#27293930)
Capitalism requires constant expansion to function, largely by super-exploiting its periphery. Poor countries are kept poor in order to exploit cheap resources and labour, which enrich a few in the rich countries. Some crumbs are thrown to the workers of rich countries in order to prevent them from rebelling.

Millions die every year due to poverty, through lack of clean water, lack of food, disease, etc. Wars are also used to prevent the poor countries from rebelling, which kills people too. In many cases the two go together, like the starving of Yemen. The attacks against Iraq or Libya or Syria are also good examples. It only takes a few years to get to 100 million if you add all of that up.

It doesn’t look very good historically either. The slave trade was essential to the initial accumulation of capital. In settler colonies like the US or Australia or South Africa or Israel indigenous people have been displaced and killed. WW1 started over competition for colonies in the global south. Later on the invasions of Korea or Vietnam, etc.

Re:How to get rich without being lucky (2019) by alentist on Wednesday May 26, 2021 @02:54PM (#27294588)
I asked you for a reliable source for your claim, not more fantastical ranting.

In the meantime, you might want to look at

https://en.wikipedia.org/wiki/Holodomor

https://en.wikipedia.org/wiki/Great_Chinese_Famine

https://en.wikipedia.org/wiki/Cambodian_genocide

See also:

https://en.wikipedia.org/wiki/Chinese_economic_reform

https://en.wikipedia.org/wiki/Xiaogang,_Anhui

> In December 1978, eighteen of the local farmers, led by Yen Jingchang, met in the largest house in the village. They agreed to break the law at the time by signing a secret agreement to divide the land, a local People's Commune, into family plots. Each plot was to be worked by an individual family who would turn over some of what they grew to the government and the collective whilst at the same time agreeing that they could keep the surplus for themselves. The villagers also agreed that should one of them be caught and sentenced to death that the other villagers would raise their children until they were eighteen years old. At the time, the villagers were worried that another famine might strike the village after a particularly bad harvest and more people might die of hunger.

> After this secret capitalist reform, Xiaogang village produced a harvest that was larger than the previous five years combined. Per capita income in the village increase from 22 yuan to 400 yuan with grain output increasing to 90,000 kg in 1979. This attracted significant attention from surrounding villages and before long the government in Beijing had found out. The villagers were fortunate in that at the time China had just changed leadership after Mao Zedong had died. The new leadership under Deng Xiaoping was looking for ways to reform China's economy and the discovery of Xiaogang's innovation was held up as a model to other villages across the country. This led to the abandonment of collectivised farming across China and a large increase in agricultural production. The secret signing of the contract in Xiaogang is widely regarded as the beginning of the period of rapid economic growth and industrialisation that mainland China has experienced in the thirty years since.

It's well past time to face the facts: Capitalism raises standards of living. Socialism impoverishes.

> Poor countries are kept poor in order to exploit cheap resources and labour, which enrich a few in the rich countries.

Complete nonsense. Poor countries with liberal economies grow fastest and see the most dramatic drops in absolute poverty. No one benefits more from free trade than poor countries.

> Millions die every year due to poverty, through lack of clean water, lack of food, disease, etc.

And they die at a higher rate under socialism than capitalism.

> In many cases the two go together, like the starving of Yemen. The attacks against Iraq or Libya or Syria are also good examples. It only takes a few years to get to 100 million if you add all of that up.

What does this have to do with capitalism? Capitalism means

https://en.wikipedia.org/wiki/Market_economy

https://en.wikipedia.org/wiki/Free_market

https://en.wikipedia.org/wiki/Economic_liberalization

> The slave trade was essential to the initial accumulation of capital.

Slavery isn't capitalist. And it more aptly describes the conditions of those who live under socialist regimes.

> Later on the invasions of Korea or Vietnam, etc.

Are you referring to the Communist invasions launched by North Korea and North Vietnam against their southern counterparts?

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Re:How to get rich without being lucky (2019) by alentist on Wednesday May 26, 2021 @03:06PM (#27294718)
You need to provide a reliable source for your fantastical claim that "capitalism’s death toll far exceeds 100 million". You're trying to deflect because you don't have one.
Re:How to get rich without being lucky (2019) by lucian1900 on Friday May 28, 2021 @01:11PM (#27317988)
This is probably the closest to a single source, I’d forgotten about it. https://www.goodreads.com/book/show/40923001-giants

It puts the present death toll of capitalism at around 9 million a year, so a mere decade or so to surpass 100. This without counting the significant historical death toll too.

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Re:How to get rich without being lucky (2019) by alentist on Wednesday May 26, 2021 @04:37PM (#27295778)
Economic freedom reduces poverty.

https://rd.springer.com/chapter/10.1057/9780230114319_3

> Compared to those that were less free, countries with higher economic freedom ratings during 1980–2005 had lower rates of both extreme and moderate poverty in 2005. More importantly, countries with higher levels of economic freedom in 1980 and larger increases in economic freedom during the 1980s and 1990s achieved larger poverty rate reductions than economies that were less free. These relationships were true even after adjustment for geographic and locational factors and foreign assistance as a share of income. The positive relations between the level and change in economic freedom and reductions in poverty were both statistically significant and robust across alternative specifications.

> Some fear that growth propelled by economic freedom will leave the poor behind. This was not the case during 1980–2005. During this quarter of a century, the developing countries that moved the most toward economic freedom achieved both strong economic growth and substantial reductions in poverty. This indicates that an institutional and policy environment consistent with economic freedom is an important ingredient for progress against poverty.

https://www.mohrsiebeck.com/en/article/the-relationship-betw...

> We study the relationship between economic freedom and poverty rates in 151 countries over a twenty-year period. Using the World Bank's poverty headcounts of those living on less than $1.90 per day, $3.20 per day, and $5.50 per day, we find evidence that economic freedom, measured by the Heritage Foundation's Index of Economic Freedom, is associated with lower poverty rates. We also test the effect of various components of the Index of Economic Freedom. We find that a government's integrity and a country's trade freedom are associated with lower poverty rates. We check the robustness of our results using alternative freedom indices.

See also https://cei.org/blog/why-economic-freedom-is-the-best-weapon....

If you're serious about learning, I suggest putting down outdated ideological texts and looking at the actual data.

Re:How to get rich without being lucky (2019) by halsom on Saturday May 22, 2021 @05:56PM (#27250615)
This book has been proven a fraud by historians around the world time and time again, including by many leading historians in the United States. It’s fraudulence, and the support and proliferation of it by US state officials and US academies is sheer embarrassment. The fact that anyone still has the nerve to so much as imply that this is a worthwhile source of information should serve as a stain on the prevailing liberalism of our times.
Re:How to get rich without being lucky (2019) by WalterBright on Saturday May 22, 2021 @06:15PM (#27250747)
Cites, please.

Are you claiming that the famines in the USSR and the gulags, for example, didn't happen? How about Pol Pot's massacres?

I'm curious as to your explanation for why communist countries built walls to keep people in, and the US builds walls to keep people out? Can you point out famines and gulags in the US?

I toured East Berlin in 1969. I went through the wall. East Berlin looked like a drab prison camp compared to West Berlin. You can believe whatever you like, but I've seen it with my own eyes.

I think the Berliners were a little too eager to tear down that wall, though I totally understand why. Should have left more of it up to inform later revisionists.

Re:How to get rich without being lucky (2019) by FredPret on Saturday May 22, 2021 @10:05PM (#27251874)
Even more grim is the bullet holes in that wall... on the Eastern side.

Another interesting thing is aerial photos of Korea. The South is lit brightly, while the North looks like a stain of black paint.

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Re:How to get rich without being lucky (2019) by WalterBright on Saturday May 22, 2021 @06:47PM (#27250935)
They were poor because they spent a large fraction of their GDP on the Wall.

I've heard the claim before that the Wall was built to keep Westerners out. But, as I said, I've visited the Wall in 1969. It was very clearly designed to keep people in, not out. The defenses pointed East. It was a layered defense, with the weakest parts easternmost and the deadliest parts adjacent to the Wall itself. Exactly what would be built to defend from attack from the East. You'll see the same setup in fortifications from castles (layers pointing outwards) to prisons (layers pointing inwards).

For another example, West Berlin helped out people who wanted to invade East Berlin by building platforms so one could look over the Wall (as myself and lots of tourists did). Nobody hopped over, though, to invade the East. But many got shot trying to go the other way, there's a museum there documenting it.

BTW, it was the East that blockaded West Berlin, attempting to starve the city into submission, not the other way around.

Re:How to get rich without being lucky (2019) by lucian1900 on Sunday May 23, 2021 @03:43AM (#27253132)
The wall was mainly built to prevent brain drain. The richer West was bribing people to move there, after they were raised and trained with the resources of the poorer East. It was a last resort taken out of desperation over the West’s constant economic and covert military attacks and arguably still a mistake. For example, the USSR disagreed with the wall and recommended against building it.

A similar kind of brain drain is happening all over Eastern Europe, to disastrous consequences. Especially with COVID it’s a massive problem that most trained medics have emigrated.

Re:How to get rich without being lucky (2019) by detaro on Sunday May 23, 2021 @04:17AM (#27253270)
The West didn't need to bribe people, it just had to not take people's rights and things.

> For example, the USSR disagreed with the wall and recommended against building it.

It's a laughable idea that the GDR did decide such things without Moscow. Closing and fortifying the German-German border effectively happened on Stalins orders, the Berlin Wall was built with Moscows permission.

Re:How to get rich without being lucky (2019) by lucian1900 on Sunday May 23, 2021 @04:29AM (#27253317)
The why do the Soviet archives contain detailed accounts of Stalin himself (and several other leaders) discussing the matter and sending a recommendation against the wall? Why do the same archives tell us about the proposal of a unified neutral Germany after the war?
Re:How to get rich without being lucky (2019) by WalterBright on Sunday May 23, 2021 @11:58PM (#27260966)
> recommendation

Recommending is not the same thing as ordering or proscribing.

> proposal

I'm sure a lot of proposals were floated and discussed.

Re:How to get rich without being lucky (2019) by WalterBright on Sunday May 23, 2021 @03:14PM (#27257682)
> after they were raised and trained with the resources of the poorer East

Yeah, I've heard that before. How the communists provided a free education, and so the citizens then owed a lifetime of servitude in return.

Re:How to get rich without being lucky (2019) by allendoerfer on Saturday May 22, 2021 @09:33PM (#27251730)
While not agreeing with them, I was interested in your arguments in the parent comments.

This one is wrong to the point of making you seem delusional.

> The GDR was poor because it was small,

It was about double the size of Switzerland, four times the size of Norway or Denmark, 30 times the size of Luxembourg. Do you see where I am going here?

> didn’t start out with much industry,

Berlin and Prussia have a rich industrial history.

> had a hostile enclave forced on half its capital,

Calling West-Berlin the hostile enclave is insulting to hundreds of people getting shot trying to flee towards it. You should be ashamed for this sentence.

> paid reparations,

... enforced on it by their communist puppet-master.

> competed with the US-funded western part

The effects of the Marshall plan are overestimated. It competed with its dysfunctional system against a functioning one.

> and was under constant attack from it.

I am confused. Are you talking about the care-packages sent to Eastern Germany by western family members?

Re:How to get rich without being lucky (2019) by FredPret on Saturday May 22, 2021 @10:09PM (#27251891)
That person should watch The Lives of Others/Das Leben der Anderen
Re:How to get rich without being lucky (2019) by lucian1900 on Sunday May 23, 2021 @04:28AM (#27253310)
I understand it is difficult to question much of what one has learned growing up about the past. It took me a lot of talking to older Eastern Europeans and reading history and political theory to begin questioning the default narrative.

The GDR was small and with little industry compared to its Western counterpart, not in absolute terms. When we’re talking about people moving between the two that is what is relevant.

It’s not the people of West Berlin that were hostile, but its state and US occupiers. The insistence of the US on a split Germany with half of the capital as an enclave was the first such hostile action, especially when the USSR was proposing a united neutral Germany. Leaving Nazis in positions of power in the west was the second.

Now you are insulting the people of the former GDR by implying they were puppets of the Soviets. Did you know the USSR were against the wall, but the GDR built it after all? In terms of reparations, it’s normal for an invader to pay reparations to their victim, if nothing else to rebuild. What is unusual is that the rest of Germany didn’t pay reparations to Eastern Europe.

In addition to the Marshal plan (which was significant in West Germany), imperialism continued. As the most obvious example, West German banks continued to export capital at extortionate rates to extract profits from poorer countries.

There were numerous covert attacks against the GDR, what do you think the Stasi were fighting? Western agents were found all over Eastern Europe spreading lies, arming fascists, assassinating people, etc.

I recommend you speak to some people that experienced the GDR. Their opinions are instructive.

Re:How to get rich without being lucky (2019) by nickpp on Monday May 24, 2021 @04:32PM (#27269361)
Here’s one older Eastern European telling you simply: you know nothing. You are parroting Soviet propaganda lies.
Re:How to get rich without being lucky (2019) by lucian1900 on Monday May 24, 2021 @05:44PM (#27270068)
Not all of us Eastern Europeans agree on everything. Having talked to hundreds older than myself on the topic however, I found overall they disagreed with you.
Re:How to get rich without being lucky (2019) by nickpp on Tuesday May 25, 2021 @03:29PM (#27281375)
Well, of course, there was the ruling class, the party members. They are quite fond of the good old times when they ruled based on connections, politics and favors.

They hate with a passion the current times when people are able do better themselves and achieve their dreams on their own however they wish and wherever they wish, in freedom.

Re:How to get rich without being lucky (2019) by lucian1900 on Tuesday May 25, 2021 @07:06PM (#27283921)
I’ve only talked to a handful of former party members.

What I did find is that those whose families were poor had most praise for socialist and condemnation for the return to poverty after 89. Freedom from poverty, hunger, homelessness, ignorance are important.

Former gentry, small business owners and fascists did hate socialism, indeed. The freedom to exploit others was what they wanted.

Re:How to get rich without being lucky (2019) by nickpp on Wednesday May 26, 2021 @04:21PM (#27295589)
Secret police then - I bet they are in no hurry to admit their role in the commie shit show but there sure was an awful lot of them. You couldn't say one joke without an informant reporting it to the powers that be. Every group of friends had at least one and every family too.

And I wouldn't be so sure about the fascists hating socialists - weren't they even allies at some point? They seemed quite chummy to me. And they certainly had the same obsession with killing the ones they perceived as "guilty" for the whatever "societal injustices" their sick minds imagined.

"The poor" seemed quite happy to take off into the exploitative West to make some money after '89 though. ;-)

Re:How to get rich without being lucky (2019) by allendoerfer on Sunday May 23, 2021 @09:45AM (#27254966)
> The GDR was small and with little industry compared to its Western counterpart, not in absolute terms. When we’re talking about people moving between the two that is what is relevant.

I repeat my point: Switzerland is tiny compared to Germany, yet it is richer. Russia is big compared to Germany, yet it is way poorer. China is enormous compared to Germany, yet it took ages to overtake German productivity and is still somewhat within range.

> The insistence of the US on a split Germany with half of the capital as an enclave was the first such hostile action, especially when the USSR was proposing a united neutral Germany.

Historically just wrong. There were different plans during and after WW2. Britain had the idea to do a North-South division. The UDSSR wanted to split Germany permanently and as small as possible. Read what Stalin said in Teheran in 1943. It was not the US, who proposed to divide Germany.

All of them invaded Germany, but the US did so comitting less war crimes (e.g. against women) themselves than the UDSSR and with less intend to destroy everything or move it to America. That's of course also, because their people were less affected. We all know, who they acted in the Pacific. But it was also, because they had learned from WW1 and tried to bring stability to Europe. The UDSSR brought a totally different kind of "stability".

> In terms of reparations, it’s normal for an invader to pay reparations to their victim, if nothing else to rebuild. What is unusual is that the rest of Germany didn’t pay reparations to Eastern Europe.

If you ignore giving up 25% of its landmass with entire cities like Königsberg/Kaliningrad, which is now impoverished because of the system you are defending, then sure. I also don't know whether Poland and other Eastern European countries would have called the UDSSR a victim, after they had been invaded by them.

> The insistence of the US on a split Germany with half of the capital as an enclave was the first such hostile action, especially when the USSR was proposing a united neutral Germany.

Germans have to be forever thankful for the US keeping tabs on Berlin. It is part of the reason why Germany could reuinte eventually. You probably know about the Berlin Airlift. The UDSSR has proven its open inhumanity not only against enemies but also its own people and people they controlled time and time again.

> There were numerous covert attacks against the GDR, what do you think the Stasi were fighting?

It's own people. The documents are still there, you can look at them. It was a horrendous system. I cannot imagine why you defend it. I can admit that the West is not perfect. We can find ways to improve it, without defending a system that is so clearly worse.

Re:How to get rich without being lucky (2019) by andrepd on Sunday May 23, 2021 @09:15AM (#27254807)
Genocide of Native Americans, man-made famines in India, imperialism and colonialism in general, the >100 coups executed by the US in the 20th century...
Re:How to get rich without being lucky (2019) by halsom on Saturday May 22, 2021 @08:43PM (#27251530)
The book is full of wildly exaggerated statistics that have been proven so. It’s that simple.
Re:How to get rich without being lucky (2019) by WalterBright on Saturday May 22, 2021 @08:47PM (#27251555)
Proven by who? I'll need more than an anonymous internet person to take it seriously. A book or paper by a professional historian would be credible.

Besides, even if the stats are exaggerated by factor of 10, communism still winds up being terrible.

Re:How to get rich without being lucky (2019) by andrepd on Sunday May 23, 2021 @09:16AM (#27254819)
Simple question: do you attribute all preventable or violent deaths under capitalism to the ideology of capitalism? If yes you probably have over billions of deaths since the ~1600s.
Re:How to get rich without being lucky (2019) by WalterBright on Sunday May 23, 2021 @03:21PM (#27257737)
Simple answer: I would count violent purges and death camps, mass executions, deliberate impositions of famine, deaths due to mass confiscation of property, gulag deaths, etc. Those are active killings of people.
Re:How to get rich without being lucky (2019) by andrepd on Sunday May 23, 2021 @09:08AM (#27254757)
That is insulting to all the billions of people trampled under the boot of capitalism throughout history. Capitalism is synonymous with imperialism. From its beginnings with colonial companies it is an ideology of violence and destruction of the many for the benefit of the few.

Yes, I'm glad you live at the top of the pyramid in a comfortable American existence (a lifestyle which if everybody on the planet led we'd already be extinct), but don't forget the billions who aren't reaping those benefits.

Re:How to get rich without being lucky (2019) by JoeAltmaier on Sunday May 23, 2021 @09:13AM (#27254797)
Did you time travel from the 1800's? The standard of living of nearly everyone on the planet is light-years ahead of "trampled". Food, water, energy are thriving and growing. Life expectancies are stabilizing and the majority of everyone on earth is living better. We owe it all to capitalism and the free market.

Quoting old ideologies is getting wearying. From screeds about 'labor' (its becoming extinct; what about Marxism then?) to imperialism (the majority of countries in the world are democracies) to blaming the rich for success.

Re:How to get rich without being lucky (2019) by andrepd on Sunday May 23, 2021 @09:33AM (#27254890)
I disagree. The standard of living increases are attributable to one thing only: the progress of science and technology. Nothing else.

We have achieved better living standards over the years despite capitalism, not because of it.

Meanwhile inequality grows, democracies are backsliding across the globe, and inexhaustible "growth capitalism" has us facing a climate crisis which it continues to refuse to tackle. Inequality of wealth and income means necessities such as housing are ever more expensive, pushing ever more people into virtual "debt bondage" towards the landed class. Inequality of wealth also means inequality of opportunities, as the rich are afforded endless cheap credit and the poor cannot afford homes and cannot afford to start businesses.

But all that's okay, because we get 1001 new models of phones every year and TVs are cheaper than ever.

This is my opinion of course.

> Quoting old ideologies

The myth that Marxism is "old and irrelevant" is what's getting wearing :) On the contrary, it's frightening how relevant it still is, and how much Marxist criticism and analysis applies to 21st century capitalism.

Read his major points (and not just what other people tell you his major points are) and you'll be surprised.

> labour becoming extinct

I don't get it.

> most countries in the world are beautiful democracies

There's only really one country in the world, as far as I'm aware, that truly deserves the label "democracy", and that's Switzerland, with high levels of political participation, a free press, well-functioning institutions, etc. Maybe the autonomous municipalities in Chiapas too :)

All the rest are the bare minimum to keep the people from rebelling.

> imperialism

Imperialism is a major feature of global capitalism. Quick example: the market logic (a weasel-word for violent coercion by powerful countries) dictates that Ethiopia faces famines at the same time that it exports massive amounts of food.

Re:How to get rich without being lucky (2019) by JoeAltmaier on Sunday May 23, 2021 @09:42AM (#27254939)
Labor is becoming extinct because, automation. Everybody sees the 'working class' dropping down from technical work to office work to road work or point-of-sale (flipping burgers). It employment sure, but now point-of-sale is being automated away. What then? America has 30M in fast-food. They can't all be retrained as Engineers, and even if they could we don't need 30M more Engineers.

What happens to Marxism when the workers can't own the means of production, because there aren't any workers in the plant? That's already true in many, many operations. Automation has been explosive in the last 20 years. Production is off-shore when Chinese hand-work is cheaper then retooling for automation. When a factory 'comes back' from overseas, its because volume has increased to the point its effective to automate. No jobs come back (ok 2 or 3 automation Engineers but not 100 workers).

Today America's largest buyer of automation equipment is ... China. They're 20 years behind us but catching up fast. Imagine another Billion workers put out of a job.

The writing is on the wall. Workers are going to be irrelevant, and not that far in the future. Going on about what the workers are owed is going to be moot. Fast becoming so.

What works then? Not capitalism, I admit, because owning a factory that produces goods quits returning profit when there's few that have the money to buy the goods. The whole system is circling the drain.

But no just keep on about Marxism or workers rights or whatever, irrespective of how that group is dwindling and will soon be gone and the world is no longer an 1800's industrial society.

Oh and that mark about "No True Democracies" is an old, old, tired trope called "No True Scotsman". There's no point in addressing that at all.

Re:How to get rich without being lucky (2019) by andrepd on Sunday May 23, 2021 @10:49AM (#27255351)
1. There are about 3,000,000,000 people in employment in the world, with 200 million (about 6% of the former) able to work but unemployed.

It's ridiculous — and frankly reeking of inane SV bubble/echo chamber — that you make the absurd claim that "labour is a thing of the past". Plus dismissing concern about exploitation as being "workers rights or whatever".

2. Socialism is (broadly speaking) about social ownership of capital / means of production. Corporations being worker-owned is only one way of implementing a fairer and more efficient ownership model. In a future hypothetical world with replicators, post-scarcity and post-labour, if it ever comes, socialism will only become more of a necessity. Everybody will have to own a stake in the replicators, the mechanism of private and absolute control over capital will be absurd.

Re:How to get rich without being lucky (2019) by JoeAltmaier on Sunday May 23, 2021 @11:39AM (#27255767)
Labor is commonly understood to be those that use physical presence e.g. on an assembly line, moving a tool, carrying, sorting etc. Not professionals. Professionals are still employed but growing slower?

I don't dismiss workers' rights; but when there are fewer and fewer workers needed in society, workers' rights become less and less the focus.

Automation means most non-professionals will stop being employed. Except in make-work personal services. No road-building gangs; no fields of farm workers; no rows of checkout clerks or bank tellers. All going away. One person in 100 is needed to keep the electronics factory going. Workers will have no place. Even in China; most of your 3B will be out of a job. Not in the far future, but probably in your lifetime.

Folks love to point out every shit job somebody is resorting to as 'employed' and put the god of employment above any other measure. Putting pumping gas on a par with owning your own business, counting them both equally as 'employment'. The old Protestant work ethic writ large - the point of human existence is to be employed, at all cost.

Back in the '50s we read stories of the day robots would take the burden of labor from our shoulders so we could live better lives. Now that it's happening we read of nothing but panic and desperate moves to toward 'full employment'.

If Socialism will find a way to keep the high-tech machinery of society going with technical folks in charge and making the decisions, well I'll be flabbergasted. Because putting former shoe-makers in charge of a silicon plant seems doomed. Just look at existing experiments in Socialism to see the disasters - Venezuela springs to mind.

It'll be something like Capitalism or Socialism but adapted to the new reality, that keeps the machinery running. Not old 1800's papers about a bygone age.

Re:How to get rich without being lucky (2019) by WalterBright on Sunday May 23, 2021 @04:07PM (#27258090)
> more efficient ownership model

If worker collectives are more efficient, why are they unable to compete with shareholder corporations?

Re:How to get rich without being lucky (2019) by andrepd on Sunday May 23, 2021 @07:53PM (#27259726)
Because capital is private, so non-profit-motive-driven, cooperative enterprises cannot access the capital necessary to operate.