From: Yenom-AT-pseud.pseud Date: Sun, 28 Nov 2004 23:17:21 -0700 Subject: Re: M-INTRO: Capitalism sucks, so what now? I have to advocate for my own belief about a branch of socialism I had not heard about untill last year and that is Market Socialism. In this sort of socialism markets are embraced while at the same time the workers own the means of production. The way this is done is that individual firms are all worker owned, the capitalist has been eliminated. Each firm is democratic in setting wages for differing positions of responsiblity so this sort of socialism include the rewarding of individual responsiblity, mentioned by BillyB, by the granting of higher pay and better positions to those who earn them. This system can be visualized and believed much more than some utopia system where everyone earns the same wage and has all their wants taken care of by the benevolent system. There will be competition between firms and competition over the best jobs, but the capitalist who provides no real service to society would be removed and the profits of a company would acrue to the workers who created them. Think of all the companies who implement profit sharing in order to increase employee productivity, and then imagine all workers getting back exactly the labor they had contributed. For an excellent guide to how such a system would work I would suggest David Schweickhart's work, in particular 'Against Capitalism'. --- from list marxism-intro-AT-lists.village.virginia.edu ---
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