You can have a competitive market under socialism! The main difference is the profits don’t get hoovered off by a parasitic investor class that don’t actually provide any meaningful labour.
Yeah, exactly. People think capitalism means competition, but that’s not a great definition of it. It means capital gets to call the shots and keep the profits, even when they’re not doing any meaningful work.
You could have any number of companies competing that are worker owned.
You can have a competitive market under socialism! The main difference is the profits don’t get hoovered off by a parasitic investor class that don’t actually provide any meaningful labour.
Yeah, exactly. People think capitalism means competition, but that’s not a great definition of it. It means capital gets to call the shots and keep the profits, even when they’re not doing any meaningful work.
You could have any number of companies competing that are worker owned.