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At least free markets -allow- competition. In socialism/communism all sectors become state monopolies, with no market incentive to provide a decent service, no

by cbeach 4y ago

At least free markets -allow- competition. In socialism/communism all sectors become state monopolies, with no market incentive to provide a decent service, nor to compensate workers fairly.

becquerel 4y ago
There is no state in communism.
- cnity 4y ago
  This is a very weird claim: https://en.wikipedia.org/wiki/Communist_state https://en.wikipedia.org/wiki/Communist_state. Unless you are talking about the theoretical "pure communism" which is fiction/fancy and we may as well be talking about utopia.
happymellon 4y ago
You don't appear to understand what Socialism is. It makes sense with this being an American site, and most Americans think that Socialism is essentially the same thing as Communism (but then why define them as separate things?). Community, Cooperative, Employee owned are all forms of socialism. None of them prevent competition. > no market incentive to provide a decent service, nor to compensate workers fairly. If you owned part of the company you worked for, you would be more likely to provide good service as that would then have repeat business and would directly financially impact you. The performance of the business is the only way you would get paid and as there are no shareholders the company would compensate rather than dividend. Your comment makes absolutely no sense, socialism doesn't prevent free markets.
- cbeach 4y ago
  Socialism is state ownership of the means of production. "Community, Cooperative, Employee owned" are all concepts that can (and do) exist under a capitalist regime. Socialism is very different, and it does prevent free markets.
  - happymellon 4y ago
    > Socialism is state ownership of the means of production. This is fundamentally wrong. You should probably read about it before making statements that make you look foolish. https://en.m.wikipedia.org/wiki/Socialism https://en.m.wikipedia.org/wiki/Socialism Socialism is about social not state ownership of the means of production. This does not prevent the state being involved either, and even then they can be a joint-stock corporation's.
    - cbeach 4y ago
      As I said, "social" ownership of the means of production can occur in a capitalist country with free markets. A socialist regime, like the USSR, North Korea, or Mao's China would have state ownership. The founding fathers of modern socialist thought (e.g. Marx) would define socialism in terms of state ownership of the means of production. But feel free to muddy the waters if you prefer to avoid concrete definitions.

by cbeach 4y ago

At least free markets -allow- competition. In socialism/communism all sectors become state monopolies, with no market incentive to provide a decent service, nor to compensate workers fairly.

becquerel 4y ago

There is no state in communism.

cnity 4y ago
This is a very weird claim: https://en.wikipedia.org/wiki/Communist_state https://en.wikipedia.org/wiki/Communist_state. Unless you are talking about the theoretical "pure communism" which is fiction/fancy and we may as well be talking about utopia.

happymellon 4y ago

You don't appear to understand what Socialism is. It makes sense with this being an American site, and most Americans think that Socialism is essentially the same thing as Communism (but then why define them as separate things?). Community, Cooperative, Employee owned are all forms of socialism. None of them prevent competition. > no market incentive to provide a decent service, nor to compensate workers fairly. If you owned part of the company you worked for, you would be more likely to provide good service as that would then have repeat business and would directly financially impact you. The performance of the business is the only way you would get paid and as there are no shareholders the company would compensate rather than dividend. Your comment makes absolutely no sense, socialism doesn't prevent free markets.

cbeach 4y ago
Socialism is state ownership of the means of production. "Community, Cooperative, Employee owned" are all concepts that can (and do) exist under a capitalist regime. Socialism is very different, and it does prevent free markets.
- happymellon 4y ago
  > Socialism is state ownership of the means of production. This is fundamentally wrong. You should probably read about it before making statements that make you look foolish. https://en.m.wikipedia.org/wiki/Socialism https://en.m.wikipedia.org/wiki/Socialism Socialism is about social not state ownership of the means of production. This does not prevent the state being involved either, and even then they can be a joint-stock corporation's.
  - cbeach 4y ago
    As I said, "social" ownership of the means of production can occur in a capitalist country with free markets. A socialist regime, like the USSR, North Korea, or Mao's China would have state ownership. The founding fathers of modern socialist thought (e.g. Marx) would define socialism in terms of state ownership of the means of production. But feel free to muddy the waters if you prefer to avoid concrete definitions.