this post was submitted on 15 May 2025
1968 points (99.3% liked)

Work Reform

12014 readers
2597 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] agamemnonymous@sh.itjust.works 16 points 1 day ago (1 children)

Private property that isn't personal is someone elses property

I'm not sure what you mean by this. Everyone is entitled to personal property, the things they have for personal use (e.g. your house or toothbrush). Private property is not someone else's personal property, it's the things for group use which generate value to the group (e.g. the industrial equipment necessary to create your house or toothbrush) which under capitalism are owned and controlled by investors.

The leftist position is that those "means of production" being owned and controlled by investors leads to the investors paying their staff as little as possible while charging as much as possible, so that they can thrive on the difference between prices and wages.

The leftist solution is for those "means of production" to be owned collectively by the people who actually use them to produce things. There's a whole spectrum of exactly what that looks like.

On one side are those who think the government should own everything. The argument being that, assuming you can trust the administrators to not be corrupt, that is the best way to coordinate resources. This is logically sound, since the resources which would be wasted on marketing, and redundant R&D in competing companies, and other capitalist inefficiencies, could be directed productively. The flaw is in the "assuming you can trust the administrators to not be corrupt" part. That's a big reason why the USSR failed.

On the other side, there are those who think that the basic concepts of market economics are sound, the problem is simply the capitalist-worker relationship. The argument being, capitalism can be subverted while retaining the benefits of market economies through co-ops: instead of revenue being paid in part to wages with the remaining profit being divided along shareholders, the revenue after costs is divided totally among the employees, who are themselves the only shareholders. This preserves the competitive innovation of the market, while excising the parasitic capital class.

Only the most extreme zealots in the Soviet camp ever push for abolishing personal property. That's a fringe position even for the left.