Leftists shouldn’t try to ban competition altogether. The problem with capitalism is that the profit motive leads to dynamics like the business cycles: Businesses are profitable when they succeed in lowering how much employees are paid. If companies succeed in systematically lowering pay, they will have difficulty selling their products back to the general population.Continue reading “Free Rider Problem vs. the goal of socialism”
Tag Archives: politics
What is to be done?
Update: An incomplete elaboration of this system: https://snapshotsofthelabyrinth.photo.blog/2026/03/21/materialist-economics-part-3-accountable-planning/ https://snapshotsofthelabyrinth.photo.blog/2026/03/21/materialist-economics-part-4-objections-and-responses/ The removal mechanics are misleading as written. First America backs the Islamists. When the Islamists come to power, America says they’re violating human rights. Then America use that as a justification to buy weapons. This is how they create jobs. Why can’t we create jobs byContinue reading “What is to be done?”
Populism is the Opposite of Democracy
In recent times, it has become fashionable to accuse anti-populists of being anti-democratic. I will argue that this position crumbles under scrutiny. Argument: Democracy is obeying the will of the people. This presupposes that the people have a consistent will, which is not the case: https://plato.stanford.edu/entries/economics/#CollRatiSociChoi As there is no collective will, democracy can onlyContinue reading “Populism is the Opposite of Democracy”
