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If the means of production were in the hands of the citizens, then there's no reason to make "profit". And if the production was completely automated, then ever
by kefka 11y ago
If the means of production were in the hands of the citizens, then there's no reason to make "profit". And if the production was completely automated, then everything would be easy to obtain and at very low cost.
Now, we don't have to take away production facilities from companies or individuals, although progressive taxation is probably a good idea. Instead, the federal Govt already owns a great deal of land. We could urge to start developing on a small portion of that, for the needs of all the citizens.
This isn't a communist/socialist/capitalist issue. We've been ignoring other economic systems for 2 centuries now, and flirted with communism back in the 20's. It's time to see what's out there that matches with our current technology.