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View Diary: To those who freak out about "socialism" (45 comments)

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  •  A different perspective (2+ / 0-)
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    limpidglass, isabelle hayes

    In my view, this is a dangerous description; and certainly not one of socialism:

    any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
    It is not the way socialism is practiced in the world -- or even a foundation for a workable society.

    Let's look at Einstein's definition:

    The workers share -- NOT in the means of production -- but in the work product itself.

    This produces liquid equity that immediately stimulates the economy, rather than long-term equity like owning .0001 percent of the factory, which has a fixed life span before obsolescence or the need to refit, swallowing equity.

    Let the factory owners own the factory (or the state or the public) and tax them on profits for redistribution to society as a whole. Let distributors distribute, and tax them their on profits.

    This is how socialism can work with either Communism or Capitalism for the betterment of the nation and its people -- and the fostering of innovation.

    It is also a way to avoid the trap of better productivity leading to job loss. Ignore the factories. Tax the robots for redistribution.

    Denial is a drug.

    by Pluto on Sun Feb 17, 2013 at 04:03:32 PM PST

    •  am I confused or (1+ / 0-)
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      doors this sound like an argument for a VAT?

      "Let's do this!" - Leeroy Jenkins

      by AaronInSanDiego on Sun Feb 17, 2013 at 09:42:33 PM PST

      [ Parent ]

      •  No VAT (0+ / 0-)

        This is strictly about income taxes on profits and worker's increased earnings due to owning a piece of what they produce -- their work product.

        This is about producers, not consumers.

        Denial is a drug.

        by Pluto on Mon Feb 18, 2013 at 02:50:16 AM PST

        [ Parent ]

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