8 hours ago, mikeman said:
If we're talking about the real world here, really the biggest problem you face is that you start with the assumption that the "means of production" are now publicly/socially owned. Which means...what? That you have made a revolution to seize them from their current private owners? Or are we assuming that the current owners see your idealized blueprint, realize it's the most rational/moral scheme, and give up their property willingly? Somehow I don't think it's gonna happen...
But anyway, let's assume some kind of revolution has taken place in a country and now the means of production of wealth *are* socially owned. I really see 2 options here:
1) Improbable : The majority of the population of this country(or countries) agrees social ownership is the way forward and is left alone - both from internal and external enemies. In that case, I don't see much use of such idealized schemas such as yours - the organization and questions about who and how decides the resource allocation will be figured out by the workers democratically, and it may vary from place to place. We don't really know what it would be like, and we don't need to. It's not like capitalism was designed by some professors in Florence in the 16th century and was put into implementation.
There will be failures and there will be setbacks and trial-and-errors, but since there is no strong opposition either from inside or outside to the institution of social onwership, there's no rush, we can make errors. By that I don't mean the workers will do random things until something works - of course much thought will be put into this and many economic literature will be written that analyzes the situation, finds errors, proposes solutions, etc(always inside the boundaries of socially-owned means of production).
2) Most Probable : There *is* strong internal and external opposition from remaining capitalists that will try to wreck the new economy because it hurts their interests. In which case workers have very little time or space to "experiment" with their organization. The country will probably fall-back to some kind of ad-hoc bureaucratic central planning, with all the pros and cons that come with that. This system will be reformed from time to time in order to make it more efficient, but really since the economy is "under siege", there are many limitations to what you can actually do.
Still, ideas/schemas like yours exist(https://en.wikipedia.org/wiki/Participatory_economics), but my opinion is that, like I said, don't have much to do with the real world. As a "proof of concept", they might be useful though.
Nope, nope, nope. See, that's the flaw with the "old" style of communism. It was a mistake to think that all private enterprise must be owned "by the people", and "the people" became "the state", so all companies therefore, should be federally owned and operated. The second mistake was that the state would mandate people to go work in certain jobs/professions.
In hindsight, it was a mistake to call my system "communism 2.0" because that biases people to think in terms of marxist communism and apply its flaws to the system I proposed. I should really call it something more like, "Caste System 2.0" (but with social mobility!)
To implement my system, the first thing you need to do is make all currency obsolete. That dollar/euro/dinar you have in your pocket? It's now just worthless paper. You don't want to work anymore? That's okay! Welcome to the lower tiers of entitlement. You want to work? That's great too, you are in a higher tier of entitlement. Is the work you do unskilled labor, such as serving coffee or flipping hamburgers? you're not going to be in the highest social tier, but you'll enjoy a higher quality of life than those who do nothing. If you own and run a business, your ranking will depend on a bunch of factors (people employed, value created, product value, etc) and you'd probably be near the top tiers of society. For most existing rich people who are already business owners, life wouldn't be radically changed. They could continue operating their private business, but the motive for operating a business would change from being profit driven to value driven. Some industries would collapse entirely (such as finance sector, investing, etc). If you start a business, one of the key limitations holding you back is the lack of capital, which prevents you from hiring people to work for you, acquiring hardware, office space, etc. If the system of currency was obsolete, businesses would not be constrained by financial resources anymore. The reason to start and operate a business would be the enjoyment of a higher social class and all the perks that brings. You also wouldn't need to worry about "sales" in the same way either, so business revenue is a foreign concept. Instead, you focus on providing value to your customers and improving their experience, because that's how you win in the new system.
In this different type of economic system, you can go to your favorite coffee shop and you can get as much coffee as you'd like. It's a basic entitlement to everyone. Same with food. Right now, we have to pay money to get the things we want, but that makes it hard for the poorest people to get what they need. I see too many skinny homeless people begging for change so they can eat. They're never going to be employed in a capitalist economic system. They spend SO much time and effort desperately scrounging for change (a form of work), that they have no time to spend on self improvement and growth. In a sense, they're the lowest "caste" of our capitalistic societies already and if you get into it, you are trapped and it's very hard to get out of. So, if we can have a system which says across the board, "Hey, don't worry about the basics of food, healthcare, and shelter. We got you covered, just spend your life's time being an excellent human and pursue your passions and interests." How many leonardo da'vinci's do we let talent waste away because they are desperately working to survive in an increasingly challenging economic system?
Another interesting consideration is that IF the whole world gradually shifted to a tiered system like this, the cause for war would be severely diminished. A lot of wars are fought for "economic" advantage. I think if currency is obsoleted, that would decrease the economic motive for waging war (though, you'd still have ideological and moral motives). On the individual level, a lot of crimes would become obsolete as well. Robbing a bank would make no sense. Same with mugging people. Theft would still be a thing.
Anyways, I think it's an interesting economic system and its initial concept will certainly have flaws and unanticipated design problems. Our mindsets are so entrenched in the capitalistic economic models that it's hard to see its flaws and see other economic systems as an improvement.