How #Socialism in the 21st Century Could Work
via @wallabag
https://jacobin.com/2026/05/market-socialism-capitalism-ownership-exploitation
draw me the line between socialism and lots of government programs that conservatives are fine with. somehow they love the 1950s when we had much higher taxes on the wealthy and more support for housing and education.
how about libertarians go claim one of the many uninhabited islands and show us true freedom?
@wjmaggos @jeremiah @wallabag
Conservatives are retarded and should be shot. They are the ones who started all the gay bullshit we have today.
The right frame for the US would be pre-civil war America, where states were independent and the federal government severely limited to a few enumerated powers.
That worked because each state could do whatever they wanted, as long as they paid for it themselves.
@wjmaggos @jeremiah
Then you should be against socialism/communism if you're against slavery.
It only works if you have forced labor because you need to mandate people to work in the required fields designated by the state since, in that system, they're not allowed to profit or choose their career of their own free will.
Capitalism has several problems but it lets the price system fluctuate and determine supply and demand to better allocate resources. The issue comes when you introduce force.
@wjmaggos @jeremiah
I did skim it and, in summary:
It's China.
It works as long as you have this underclass (chinese men) that would keep working whatever jobs the CCP offers/allows them to do.
Also works while you have a permit system to separate the upper/lower class (Hukou) and assign them to designed areas determined by the CCP.
Plus, you need to have financial repression and capital controls, to avoid people from exchanging or simply leaving with their wealth to another country.
@wjmaggos @jeremiah
It does have several issues, specially long-term when you change into a knowledge/creative economy where slaves/underclass aren't easy or cheap to come by and the worse nightmare would be if the birth rates collapsed and you would need to bring in migrants to hold back the young population revolting or giving up.