Did you just suggest selling the means of production to the bourgeoisie to fund a commune? I... what?
this post was submitted on 26 Apr 2024
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No, I am saying that getting funding for new businesses is a necessary part of any economic system. It is clear to me how that works under capitalism. I have never seen a sane explanation on how that would work in democratic communism.
Ah, see, that's a different question than how you get funding under communism under capitalism.
So what is the difference? How does it work under communism? Some planning committee? So when someone wants to make an independent news broadcast, episode of South Park, or Fuck the government T-Shirt, they need to ask the government committee?
What about more serious things like abortion pills, anti-conception, hormone therapy for transgender people, a religious symbol? You want to entrust almost every aspect of your life (everything you can get in exchange for your work) to a committee?
You'd rather entrust almost every aspect of your live to the benevolence of some people that do not have any oversight by the populous that they have power over by the means of controlling the capital?
I trust the greed of rich people. If people are willing to pay for something, at least some will invest in it to profit off of it.
Also, unlike with a committee, I don't need a majority of them to do so. That's the advantage of the capitalistic solution, you don't really need much trust.
There is one problem with this: what's profitable and what's beneficial for society do not necessarily align.
Am I saying that we should give corporations a free run of the country? No, we should legislate them until they look like a models of virtue comparatively to now.
But the smart way to do it is to align their greed with our interests. As an example, creating a carbon tax is much better then government trying to implements specific green initiatives. The corporate greed will find efficient and innovative way to reduce emissions compared to the heavy handed and inefficient regulations the governments do.
If that is not possible, then just legislate them normally. Or even make a government run/funded competitors. In Slovak republic, insurance companies are private except one that is government run and serves as a lowest bar that others have to compete with.
Let corporations do what they do best, which is optimizing the economy and let governments regulate what needs to be regulated.
One example where that doesn't seem to work is public infrastructure. There is just no way to make this profitable and simultaneously provide a service that actually meets the needs of the public in terms of availability and price.
I'd imagine it works the same as it does under capitalism but instead of pitching to a set of private investors the investment decisions are made... Democratically?