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Well said. You’re also describing a fundamental tension between capitalism and socialism.
by modwest 7y ago
Well said. You’re also describing a fundamental tension between capitalism and socialism.
- pjlegato 7y agoYes, but not in the way I imagine you intended. In capitalism, perhaps 80% of the value you create as an employee is captured by others (see sibling comment.) You can also opt out -- by becoming self employed, by joining a commune or collective, or by becoming a vagrant. In socialism, the percentage of value you create captured by others is nearly 100%, and opting out is illegal -- in many socialist countries, even talking about opting out gets you sent to a "re-education camp."
- modwest 7y agoNo, this argument you’ve made is question-begging. What I was referring to has more to do with the labor theory of value https://en.m.wikipedia.org/wiki/Labor_theory_of_value https://en.m.wikipedia.org/wiki/Labor_theory_of_value I understand why I got downvoted, it seemed like a political drive-by comment. I should’ve explained what I was referring to in the first place. But this implication that socialism somehow naturally leads to slavery/internment in ways capitalism doesn’t is a canard.
- lexs 7y agoThat is a weird definition of socialism...