3 ms·
People seem to have an easier time accepting patches on capitalism (welfare) than a conversion to communism (cooperative ownership of the means of production).
by rainbowmverse 9y ago
People seem to have an easier time accepting patches on capitalism (welfare) than a conversion to communism (cooperative ownership of the means of production).
- njarboe 9y agoSeems like capitalism today is based on "cooperative ownership of the means of production" in that all (exceptions?) current public companies (and most private ones over a certain size) do not have a single real person as majority shareholder (>50%). A few hot tech company founders have been able to push through voting share structures such that they remain in control with minority ownership (Google, Facebook, Snap). Others have a founder who is CEO for a long time and given defacto ownership control (Musk, Gates, Bezos, etc). But these cases are the exception to the rule. Maybe the problems that are occurring with our "capitalistic" system today is that it is not really capitalism at all, but a lighter, stealth form of communism.