this post was submitted on 20 Aug 2023
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[–] [email protected] 21 points 1 year ago (3 children)

The problem is how do we get there? In a market there will always be actors powerful enough to corrupt the governmenta and influence regulation in an undemocratic way.

[–] [email protected] 6 points 1 year ago* (last edited 1 year ago) (1 children)

Even in a market dominated by socialist companies where workers have power. Workers having ownership isn't some panacea against corruption and willingness to dominate others. You can still end up with a company full of terrible people who have no qualms cornering a market and then committing to rent-extraction. They can even commit to those horrible practices in an internally democratic way!

[–] [email protected] 23 points 1 year ago

If the working population is deciding the laws democratically, then there's a good chance of laws against monopolies and trusts being more binding than they are under capitalists, not that I care as much about the co-op model of socialism.

[–] [email protected] 5 points 1 year ago

It's impossible, as has been demonstrated throughout the last few centuries of history. Even in cases where a government makes a massive shift towards a pro-worker position (i.e. the New Deal), over time the country will fall back into regulatory capture and devolve to an oligarchy.