Socialism is an economic system defined by production of goods and services according to their need, in contrast to capitalism where they're produced for profit. Two totally different, incompatible systems
Honestly, why not just peg the value of 100 of a a currency to the energy used to create a loaf of bread? Then bread will always cost close to 100 and other products will be priced according to energy and not speculation.
Markets aren't that efficient compared to planning. There is a reason why firms nowadays work off of a bastardized descendent of Cybersyn.
but you're asking to replace the entire capitalist economy so I can only hope you understand a revolution doesn't come without risk and has never truly succeeded yet for anyone ever.
Tell that to Cubans, who had a longer life expectancy than people than the US even with the blockade before Trump intensified the blockade.
That might work. Really it isn't that hard. Most societies through history have practiced some form of social production. Without the fear and lie nation of capitlaism the desire to do good and not live in a bad place has been drive enough to make things work.
Socialism is an economic system defined by production of goods and services according to their need, in contrast to capitalism where they're produced for profit. Two totally different, incompatible systems
These end up being the same thing, that is sort of the point of capitalism going away. The profit motive is disconnected from human utility.
Yea i kinda forgot the workers control part whoops
Markets aren't that efficient compared to planning. There is a reason why firms nowadays work off of a bastardized descendent of Cybersyn.
Tell that to Cubans, who had a longer life expectancy than people than the US even with the blockade before Trump intensified the blockade.
That might work. Really it isn't that hard. Most societies through history have practiced some form of social production. Without the fear and lie nation of capitlaism the desire to do good and not live in a bad place has been drive enough to make things work.