this post was submitted on 03 Oct 2023
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There's no need for any privatization. We can simply have a market socialist economy that works on the principles of worker and customer owned companies.
Basically, we can have utility companies (and that type of stuff) be owned equally by the citizens they serve, have all the other companies be heavily antitrust regulated and owned equaly by the workers of said companies through the worker cooperative corporate structure.
Conflict of interest things (like healthcare) can simply be government programs.
This way, we preserve the market and the Playstation while at the same time ensuring that Sony makes more moral choices and pays all their workers fairly.
There's no need for Uber rich people to even exist, functioning examples of worker cooperative companies exist (For example, Mondragon Group in Spain).
I belive profit itself should be eliminated, we can do just fine without it.
If I have a broken car and want to sell it to my neighbor, how can I do that if profit is eliminated?
I meant corporate profit. Selling your used car wouldn't earn you any profit in the first place and even if it did, you would be your very own self employed employee.
I meant profit as the money that instead of through fair wages for actual employees is distributed through dividends to shareholders.
I thought everyone had the same definition of the word "profit", but I guess not.