The problem is, socialism looks great by reading the notes on the side of the tin, but there’s not a lot of successful installations that maintain individual freedom.
If you’re going to do it, it’s going to need to be done in a way that’s never been done before or you’re just going to end up another country listed as “former”
I think the way forward is to combine socialism and capitalism. The latter is an optimization layer that is ideal for fostering the personality of individuals, but royally sucks at promoting their everyday wellbeing. Socialism can be terrific for ensuring survival and fairness, but is too rigid to allow people to develop their humanity.
I consider socialism to be a framework and structure of a economic house, while capitalism is the means to furnish it. To do this, we need to make money into something that doesn’t buy necessities - society provides all of them - but rather, you use money to buy lifestyle upgrades. That can be fancier food, bigger cars, a nicer house, lots of books, going to the bar, hiring pleasant company, and so forth.
Like all optimization, capitalism will become detrimental if taken too far, so there would be a need for heavy regulations and strict lines to ensure that it sticks to its lane. To that end, I propose that job classes should be assigned to a fixed income rank. This means that a CEO is, perhaps, no more than 2x the income of a waitress. That sort of structural design can help keep capitalism from becoming malignant, since strong and simple rules would make it easier to diagnose corruption, such as wage theft.
As it is, the capitalism of our day is too random for individuals to grasp, while corporations can have dedicated staff to getting the most out of it, often at the expense of individuals. That stacks the deck, especially as the game goes on. If ordinary members of society knew their rights without needing extensive research, it would make it easier for them to call out bad actors and to enforce the rules.
The problem is, socialism looks great by reading the notes on the side of the tin, but there’s not a lot of successful installations that maintain individual freedom.
https://worldpopulationreview.com/country-rankings/socialist-countries
If you’re going to do it, it’s going to need to be done in a way that’s never been done before or you’re just going to end up another country listed as “former”
I think the way forward is to combine socialism and capitalism. The latter is an optimization layer that is ideal for fostering the personality of individuals, but royally sucks at promoting their everyday wellbeing. Socialism can be terrific for ensuring survival and fairness, but is too rigid to allow people to develop their humanity.
I consider socialism to be a framework and structure of a economic house, while capitalism is the means to furnish it. To do this, we need to make money into something that doesn’t buy necessities - society provides all of them - but rather, you use money to buy lifestyle upgrades. That can be fancier food, bigger cars, a nicer house, lots of books, going to the bar, hiring pleasant company, and so forth.
Like all optimization, capitalism will become detrimental if taken too far, so there would be a need for heavy regulations and strict lines to ensure that it sticks to its lane. To that end, I propose that job classes should be assigned to a fixed income rank. This means that a CEO is, perhaps, no more than 2x the income of a waitress. That sort of structural design can help keep capitalism from becoming malignant, since strong and simple rules would make it easier to diagnose corruption, such as wage theft.
As it is, the capitalism of our day is too random for individuals to grasp, while corporations can have dedicated staff to getting the most out of it, often at the expense of individuals. That stacks the deck, especially as the game goes on. If ordinary members of society knew their rights without needing extensive research, it would make it easier for them to call out bad actors and to enforce the rules.