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I agree about today's corporatism environment, with the elaboration of the idea that we've basically gotten into a privatized or corporate based socialist/commu
by bmitc 5y ago
I agree about today's corporatism environment, with the elaboration of the idea that we've basically gotten into a privatized or corporate based socialist/communist regime vs a government controlled one. The U.S. has questionably railed against socialism and communism for over a century and still does, and yet, it's allowed it to take over from the corporation and private sector, which is arguably much, much worse. Governments, for the most part, at least have some incentives to keep people's interests in mind.
However, I think this sort of corporatism is a natural evolution of capitalism, because capitalism has no other incentives outside of profit and growth.
- rexreed 5y agoInteresting. Can you detail more about what you mean by privatized / corporate socialism?
- heavyset_go 5y ago> The U.S. has questionably railed against socialism and communism for over a century and still does, and yet, it's allowed it to take over from the corporation and private sector Absolutely zero corporations have done anything like letting their workers own the means of production or implementing workplace democracy.
- acomar 5y agothe first truly revolutionary product
- indymike 5y agoUm, the structure for an employee owned company is a called ... a corporation. Workplace democracy typically happens at shareholder meetings, where senior management is either retained or fired by the employee/owners. The largest example of this is Publix supermarkets. They have 200,000 employee owners.