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When people start talking about economic systems other than capitalism, I’m never really sure how different those systems are supposed to be, so thanks for clar

When people start talking about economic systems other than capitalism, I’m never really sure how different those systems are supposed to be, so thanks for clarifying that your imagined system does include money. I’m still pretty unclear on how it works, though. Who makes decisions about factories and farms and how do they get funding? What are the sources and sinks for money in this system? (For example, one simple model has money being created via government spending and drained via taxes. The taxes create the demand for money.)

dragonwriter 2y ago
> Who makes decisions about factories and farms and how do they get funding? The least dissimilar version to the modern mixed economies that dominate the West currently would be a system in which the firms employing workers were (in the ideal state; real systems -- even "capitalist" ones -- are rarely platonic ideals of the underlying concept, and so in practice exceptions, e.g., for sole proprietorships of certain scale and with defined worker rights, are possible as a matter of convenience rather than right) universally labor coops; "financial capital", which is not capital in the sense being discussed, would still exist, but labor would rent financial capital rather than capital renting labor; money would be essentially unchanged from how it works in the modern West.