Comment

Comment by bravo22

Except you can't really have such a thing as a large group of people have an equal say in control of anything, c.f. democracy. It is the mechanics that are the issue.

If you are talking about workers being "shareholders" then that's still capitalism.

The reason government comes into play in socialism is because you still need decision makers and decision makers concentrate power. You have a democracy today that is basically turning into an oligarchy, and the belief is that by some magic if we transferred control of "means of production" to workers this would change.

Ok, divide Amazon's shares across its workers. What have you changed? Who comes up with the list of options for them to choose from? What happens to their stock aka "control" once they leave the company? There are a million tiny details which when you work through show you why it is not workable and at best you end up back here today.

The fundamental problem we are dealing with is allocation of resources, and the masses not being sufficiently informed to make decisions. Until you solve that problem every system you put in place corrupts, some worse than others and some with few mechanisms for correction and recovery.

parent bravo22 6 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton