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Cake day: June 13th, 2023

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  • clover@slrpnk.nettoLinux@lemmy.mlI had a journey
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    11 months ago

    Can you point me to a time when capitalism did happen? Where governments and outside forces weren’t picking winners and losers in the market? In such a time what was the plight of the common worker? Did we see overwork, workplace safety, and child labor issues?

    Third wave communism doesn’t seek to abandon the “free market” (which is free within bounds), it instead favors democracy in the workplace. Where all members of the organization are employee-owners including ceos and middle management and the “Board” is dissolved into either a representative or direct democracy made up of employee-owners. In this way one increases the incentives for each individual to perform and see the company perform well. This also mitigates much income inequality by allowing the workers a say in the compensation of middle and upper management.




  • clover@slrpnk.nettoLinux@lemmy.mlI had a journey
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    1 year ago

    Capitalism didn’t appear over night. It took several attempts and iterations to get it anywhere near what it is today. Most modern theories on the implementation of Marxism focus less on centralized government authority and more on democracy in the work place, and eliminating 3rd party shareholders’ control. Much of the struggle with implementation of this, is that the existing financial structures aren’t set up to handle this type of thing well.