The sources range wildly, some are just images and links to podcasts or articles. For example the “How many people did the Great Leap Forward kill” link just goes to a Reddit comment on r/communism where the OP just says “it’s fine… there were famines all the time in China!”.
huge_clock
joined 1 year ago
You’re right that wealth is concentrated, but I was saying that the assets are collectively owned. For example I am a shareholder of Amazon, a publicly-traded company that Jeff Bezos owns a large stake in. So Amazon is “collectively owned” but each share gets one vote instead of one person.
These are bad links because they are from a biased source and not properly cited.
It’s directly deployed in stocks and real estate, what do you mean?
Most capital is “collectively owned” through public corporations, pension funds, etc.
Listen, I’m a worker who saved money through my labour. Why should I not get to use my saved labour by deploying it into an investment?
“Fuck over competitors” or “be more competitive”? Competition is an important feature of capitalism that has lead capitalist countries to the highest standards of living in the world.
actual results may vary
Perhaps you have a source on the collective farms of the Great Leap Forward years in Communist China, or a URL that points to the collective farms in the Ukraine and how it made the farmers better off?
That’s not a feature of communism, it’s a compromise based on the recognition that private ownership produces more efficient outcomes at scale. According to the collective farming wiki: A Soviet article in March 1975 found that 27% of the total value of Soviet agricultural produce was produced by private farms despite the fact that they only consisted of less than 1% of arable land (approximately 20 million acres), making them roughly 40 times more efficient than collective farms.
No one wants to recreate the Great Famine (The most deadly famine in human history - caused entirely by communism and specifically collectivized farms).
There’s also Holomodor in the USSR which lead to similarly deadly outcomes.
Because in practice the line between capital and personal property is very thin. Can a car or apartment not be used to generate income in a modern economy?
When the soviets were in power they would force multiple families under one roof (kommunalka). Think 4-8 families sharing a kitchen and a bathroom. Each family was given just one room and all housing was considered communal housing https://en.wikipedia.org/wiki/Communal_apartment?wprov=sfti1
After Stalin’s death families began receiving single family apartments due to massive housing reform by Kruschev, but were hastily built and called ‘khrushchyoba,’ a cross between Khrushchev's name and the Russian term for slums. That by the way still leaves a multigenerational period from 1917-1954 where the kommunalka would have been the primary unit of housing.
Owning public stock is legally indistinguishable from directly owning a joint business venture.