this post was submitted on 13 Jan 2025
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If you can imagine a global unified credit union, where everyone is equal, with better benefits than traditional banks, you've essentially removed capitalists from banking - think about that. You could do the same with other essential industries like education, healthcare, food etc.
I understand the concept, the problem is with implementing it from where we are now, and proving that energy would not be better applied via revolution and implementing Socalism. Your thought process is along the same lines as the Utopian Socialists like Owen, who tried to convince people but ultimatley failed. The reason Marxism has a much better track record is because of Scientific Socialism, which is based on analyzing how to get from here to there. I recommend reading Socialism: Utopian and Scientific.
As I understand, scientific socialism acknowledges class struggle and current material conditions, but still requires overthrow of capitalist systems. You're suggesting it's easier to convince people to overthrow their banks (and have no personal banking?) rather than switch to a global credit union.
I'm suggesting that the idea of creating a global credit union within the boundaries set by Capitalism, and carrying it to fruition, is far more difficult than revolution. You're asking the absolute most wealthy individuals to sit by and watch their wealth dry up and to do nothing about it.
I think you should read the essay I linked.
Okay, at least we're talking about execution now. I'll read the essay, but like unix and fediverse and credit unions exist right now and capitalists can't stop them. They can only compete with them in the free market. They certainly won't be able to stop them once they get even bigger and more mainstream.
We were always talking about execution. FOSS is regularly undermined and Credit Unions are almost always more local than otherwise.
So you're saying the fediverse can't outgrow Reddit because it's FOSS and not corporate controlled? I'm saying it will and there's nothing Reddit can do about it.
Why?
Not sure why what? Btw I found this to add to the discussion - https://www.youtube.com/watch?v=swpR41pRdMA - it seems market socialism is compatible with Marxism - markets existed before capitalism and will exist in market socialism too, while planning could be a mix of central and local.
Why do you think FOSS and Lemmy in general will overtake Reddit?
Either way, as for Wolff, Marxists don't say you can't have coops in Socialism, I explained earlier how we could have them in Socialism, Marxists however believe revolution is easier and still necessary than peacefully asking the ruling class to watch as their Capital gets wrested from them.