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View Diary: Marx For Moderates: How Capitalism's Biggest Critic Could Ironically Become Its Savior (9 comments)

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  •  I have always believed some socio-capitalist... (3+ / 0-)
    Recommended by:
    telebob1, jmknapp53, snacksandpop

    hybrid is the way to go. Capitalism by itself is to laissez faire on its own for real 'civilization'. Socialism tends to break down among groups too large that all individuals don't have some direct interaction with each other.

    The 'worker managed capitalism' is interesting because it circumvents the issues with both systems taking out some of the 'dog eat dog' of raw capitalism, while breaking things down to groups small enough for all individuals to know each other at least in passing.

    By itself I am not sure this is enough though, because I truly believe the real beginnings of 'technological unemployment' are upon us. Over the next couple of decades the number of jobs a machine/computer/robot can't do cheaper than a person will shrink drastically. We need a system that also looks out for those in which there just isn't a job or company to work for.

    Join the DeRevolution: We are not trying to take the country, we are trying to take the country back. Get the money out of politics with public financed campaigns so 'Of the People, By the People and For the People' rings true again.

    by fToRrEeEsSt on Wed Apr 16, 2014 at 10:58:46 PM PDT

    •  Technological unemployment (2+ / 0-)
      Recommended by:
      isabelle hayes, fToRrEeEsSt

      This is just a manifestation of the mis-allocation of rewards between capital and labor. If workers were to receive a just and constant proportion of their production, as technology progressed they would be free to work fewer hours or for fewer years. One worker might provide the entire income for a nuclear family, or even a (gasp!) multigenerational clan.

      ...if you plant ice you're gonna harvest wind. (RH/JG)

      by telebob1 on Thu Apr 17, 2014 at 12:14:33 AM PDT

      [ Parent ]

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