this post was submitted on 06 Sep 2023
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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (4 children)

Capitalism, Socialism and Communism are only how the means of production/trade is owned. Wage labor can still exist.

In capitalism, the means of production and trade are owned by private entities. Worker trade their labour for a set wage. All the profit goes to the owner/shareholder.

In socialism, the worker owns the means of production and trade. If a coop is more profitable than the next one, the worker of the first coop get more money. The profits are distributed amongst the workers that produced the goods. The workers own the coop/company.

In communism, the state owns the mean of production. The profits of the coop/company goes back to the state and are then redistributed in the society.

Socialism can still have investment, but the returns necessarily be money. A certain good is needed. The worker pool their money to build a factory and make a successful product. The workers then get a return on their investment (they make more money than they initially had).

[–] [email protected] 0 points 1 year ago (3 children)

All those examples are capitalism and changes absolutely nothing for humanity except the shape of the slave driver. Your mistake is thinking of commodity production and wage labor as unchanging, eternal states of being which comes from the bourgeois economic ideology taught to you, a notion Marx already destroyed. There was a "before" capitalist production and there will be an "after"

[–] [email protected] 1 points 1 year ago (2 children)

What are you babling on about? Production can be an artisan making one spoon a year or a factory making a million pcb a month.

In the end, the way that output is managed defines the economic system.