I know this is a meme community and probably not the right place to ask. But the meme prompted my question and I promise this is a good faith question.
If labor is entitled to all it creates (i agree! In principle), who determines what that is? For example - someone operating an injection molding machine might “create” a million doodads in a year. But the machine and the material and the electricity and the QA of those doodads are all created/done by someone else. How is that divvied up?
Personally I am leaning toward UBI funded by a capital tax, along with a functional labor market, as kind of a solution here. But I’d appreciate any easy-to-digest references.
Hypothetically each trade provides for the other. You raise cattle, so you give the baker some butter, and milk, and the butcher some meat, and they give you back some bread and steaks. The carpenter builds your and their homes and you each give him some of your goods. It’s a great theory, and works well in small communes. Idk how it works in a global society, and considering all of the failures we’ve seen with it, I’m not sure if anyone else knows either. I’m aware this is like an elementary level explanation, and ignores a lot of concepts and examples, but I’m typing on a phone, and I’m sure someone else will expand upon it.
The main thrust, I think, is “Fellow gets 90% of the profit just for owning the capital” is cut out of the equation more than the exact calculus of which laborers get what percentage. The answer to that question probably varies wildly depending on what kind of socialism or post-capitalist system one prefers.
I know this is a meme community and probably not the right place to ask. But the meme prompted my question and I promise this is a good faith question.
If labor is entitled to all it creates (i agree! In principle), who determines what that is? For example - someone operating an injection molding machine might “create” a million doodads in a year. But the machine and the material and the electricity and the QA of those doodads are all created/done by someone else. How is that divvied up?
Personally I am leaning toward UBI funded by a capital tax, along with a functional labor market, as kind of a solution here. But I’d appreciate any easy-to-digest references.
Hypothetically each trade provides for the other. You raise cattle, so you give the baker some butter, and milk, and the butcher some meat, and they give you back some bread and steaks. The carpenter builds your and their homes and you each give him some of your goods. It’s a great theory, and works well in small communes. Idk how it works in a global society, and considering all of the failures we’ve seen with it, I’m not sure if anyone else knows either. I’m aware this is like an elementary level explanation, and ignores a lot of concepts and examples, but I’m typing on a phone, and I’m sure someone else will expand upon it.
The main thrust, I think, is “Fellow gets 90% of the profit just for owning the capital” is cut out of the equation more than the exact calculus of which laborers get what percentage. The answer to that question probably varies wildly depending on what kind of socialism or post-capitalist system one prefers.
Removed by mod