this post was submitted on 12 Aug 2024
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cross-posted from: https://lemmy.ml/post/19046336

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[–] Emmie@lemm.ee -2 points 2 months ago* (last edited 2 months ago) (11 children)

Let me tell you what happened here some time ago.
After the government seized the means of production to people they gave each worker a share in the company.
On that same day the workers sold it or lost it, bought vodka or cigarettes for the few pennies they made. Not much was left in the original hands. Someone bought the majority.

The ideal economic system works perfect under perfect conditions. Capitalism works ok under most of conditions.

Evolution of economic systems is not a history of choosing the perfect one but elimination of these that failed.

[–] jorp@lemmy.world 6 points 2 months ago (10 children)

That's a poor implementation just like there are myriad poor implementations of capitalism

[–] Emmie@lemm.ee -1 points 2 months ago (9 children)

Okay but there was no good implementation of socialism so far.

[–] VictoriaAScharleau@lemmy.world -1 points 2 months ago

except all the ones you are ignoring

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