this post was submitted on 04 Feb 2025
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Work Reform

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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.

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[–] UnderpantsWeevil@lemmy.world 1 points 2 hours ago

Capitalism has its benefits. Namely, the rapid economic growth afforded through exploitation of natural resources by unemployed labor mixed with cash-rich / debt-friendly entrepreneurs. You don't want an economic system that loses the benefits of industrialization and domestic improvement.

On the flip side, capitalism also has a huge problem of wealth distribution. Bottlenecks within the flow of revenue create huge pools of malinvestment, squandered natural resources on vanity projects, and a strong incentive for public sector militarization / police violence as a tool to maintain the disproportionate wealth distribution.

We need a system in which individuals can still cooperatively administer an economy with an eye towards long term economic prosperity, but one in which the surpluses aren't horded or wasted by a rigid hierarchy of generationally wealthy lenders and carnival barker entrepreneurs. Communism provides a roadmap for redistributing titles and incomes across entire populations, while still socially reproducing a bureaucracy capable of managing industrial-scale and national-scale projects.