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There is another kind of socialism discussed in the USA today. That’s a type of socialism not driven by government but instead direct ownership of the means of
by SequoiaHope 4y ago
There is another kind of socialism discussed in the USA today. That’s a type of socialism not driven by government but instead direct ownership of the means of production by workers. Basically your economy is a bunch of cooperatives instead of a bunch of firms with a bunch of workers and a small number of owners. The former leads to an economy where everyone is part of the ownership class, eliminating the sharp divide in our current society between owners and workers. It is also a free market system that does not require government intervention to function. This is truer to the writings of Karl Marx than the various 20th century socialisms, as Marx did not generally advocate for a state of affairs where the state owns the means of production.
See for example Richard Wolff for a modern day economist who has been advocating for this type of socialism for a long time. Though you will find a historical through line of advocates going back to the 19th century. Notably there is a growing body of socialists who see the folly and horror of state-run socialisms who have gone back to the original theories and renewed their interest in direct control of collectively owned firms instead of state control.