Listen, if you're going to pretend that socialism - state control of the "means of production" - isn't meddling, then there's not much point in continuing the conversation. I'm not interested in chasing you around the denial bush.
Firstly, let's clarify that all economies require a degree of regulation to function optimally. No functioning modern economy is purely capitalist or purely socialist. Even in a capitalist economy, government intervention is necessary to establish and maintain a fair, efficient, and safe marketplace.
For example, in the US, the Federal Reserve (a government institution) regulates the money supply and sets interest rates to prevent recessions and manage inflation. Without this, our economy would be at the mercy of market volatility and boom-bust cycles. In other words, our capitalist economy relies heavily on the state to provide monetary stability.
Government is also necessary to enforce the rule of law and protect property rights, without which capitalism would not function. Companies would have no guarantee that their hard-earned profits would not be stolen, leading to a breakdown in commerce.
Furthermore, the state needs to intervene in cases of market failure, which occur when the market cannot provide certain goods or services efficiently. This includes public goods like national defense, environmental protection, infrastructure, and education. Even Adam Smith, the father of modern capitalism, acknowledged the necessity of public goods.
Now, let's discuss some specific examples where the U.S. government has bailed out the private sector.
- The most notable recent example is the economic fallout from the COVID-19 pandemic. In 2020, Congress passed the CARES Act, which provided over $2 trillion in relief to individuals, small businesses, and major industries. This was a clear case of government intervention to prevent an economic collapse.
- In the 2008-2009 financial crisis, the U.S. government spent around $700 billion on the Troubled Asset Relief Program (TARP) to purchase distressed assets and inject capital into banks.
- In the 1980s, the Savings and Loan crisis led to a $125 billion bailout by the federal government to address the insolvency of more than 1,000 savings and loan institutions.
- During the Great Depression, the U.S. government implemented a series of programs and reforms known as the New Deal to stabilize the economy, including the creation of the Federal Deposit Insurance Corporation (FDIC) to protect bank depositors and restore trust in the banking system.
These examples illustrate that our economy, though capitalist, regularly relies on government intervention, particularly in times of crisis. The idea that the state 'meddles' isn't unique to socialist economies; it is a fundamental aspect of all economies. And we should view it not as 'meddling', but as 'managing' and 'stabilizing', to ensure an equitable and functioning society.
State ownership of the means of production. That's what you're advocating for, right?
No, public ownership. The state or government is comprised of elected officials or people appointed by that elected leadership, and they're all accountable to the public. When you say the word "state" you're conveying something that is divorced from the public and free from its influence or control. I define the "state" as a social apparatus organized by the people to manage their large-scale, socioeconomic affairs and projects. Within the context of socialism, it's a socially accountable, democratic, government. It's nothing more than a management tool. As far as the means of production, that's in the hands of workers, and the government provides data from the central planning and logistics office, to assist factories and other productive enterprises, know how much they need to produce based on consumption data. There's a close collaboration, between productive forces and the government in the social effort to provide everyone with the goods and services that they need and want.
Whether you like it or not, choose to ignore it or acknowledge it, it doesn't matter. This technology:
Is eventually going to force society by necessity, to adopt a non-profit mode of production, owned by the public. You can pretend otherwise, but most people who know a bit about economics and reflect on the effects of advanced automation, know that this is true. Advanced automation = no wage labor or too little of it = no paying consumers/not enough of a market to invest in = no more capitalism = socialism. The only other alternative is techno-feudalism. Most people will opt for socialism, than being slaves to a small wealthy elite who own all of the robots and facilities.
The government has no business dicating to either.
So-called "state-meddling" exists whether it's a democratic socialist state or a plutocratic one, ruled by rich capitalist elites as we currently have. Under capitalism, every few years the government has to bail out the capitalists with public funds to avoid a complete collapse of our economy. Without "state meddling", we would have child labor, 12, 16 hour work days, low pay, no benefits, no labor rights or protection, no Social Security or Medicare, no government-enforced licenses and permits
(want your doctor to practice medicine without a license?), no sanitary standards for restaurants. Do you want to eat in a restaurant that hasn't properly cleaned its kitchen for two years or properly sterilizes its utensils? It takes a government to "meddle" with the market in order to properly regulate it, enforce standards, penalize fines, and arrest criminals for putting people's health and lives at risk.
And you're talking about state owned businesses and the state making decisions about how resources and labor are applied and forcing people to play along.
I appreciate your concerns about state control in a socialist society, and it is crucial to understand that socialism isn't about "forcing people to play along". It's about fostering an economic system where those who work in the factories, fields, offices, and other workplaces - the workers - are the ones making decisions and reaping the benefits of their labor.
In a socialist society, businesses are state-owned or run as cooperatives by workers who have a stake in their operations and outcomes. This allows for a democratic decision-making process and gives workers the power to elect officials who will act in their interests. These elected representatives, in turn, have the responsibility to appoint competent and dedicated non-elected officials to oversee specific tasks. It's a system that allows for accountability, with worker councils able to recall elected officials who are underperforming or failing to fulfill their promises.
Now, regarding your point about central planning, the goal is not to dictate every aspect of people's lives but to provide an overarching structure to the economy that avoids the inefficiencies and inequalities inherent in capitalism. We need to consider the advent of advanced automation technologies and AI, which pose significant challenges to the future of work.
In a capitalist society, these technologies may lead to a scenario of "techno-feudalism," where a few elite owners control the robots and AI systems that do most of the productive work, leaving the vast majority of people unemployed or underemployed. But in a socialist society, these technologies can be collectively owned by the public, ensuring that their benefits are shared by all, not just a privileged few.
It's not about controlling people or dictating their lives. It's about ensuring that everyone shares in the prosperity generated by these advanced technologies, which are, after all, developed based on the collective knowledge of humanity. It's about using rational, centralized planning to manage these technologies for the common good.
Same shit, same abuse, same concentration of power. No. This is exactly why I hate socialism. I don't want every single aspect of society to subjected to be a political shitshow, a petty culture war between factions of busybody "activists" all trying to tell each other how to live. That kind of intrusive government doesn't work in a diverse society like ours. "Live and let live" is the only thing that does.
Firstly, it's essential to point out that democratic socialism promotes diffusing power among the many, rather than concentrating it among a few. Noam Chomsky, a well-known linguist and political philosopher, elucidates this when he states:
"The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum." "Manufacturing Consent: The Political Economy of the Mass Media," co-authored with Edward S. Herman.
Democratic socialism, by enabling workers to make decisions about their workplace and economy, extends the spectrum of acceptable opinion and encourages a more active citizenry.
Secondly, democratic socialism does not aim to politicize every aspect of society. Rather, it aims to empower citizens to have a say in decisions that directly affect their lives. We already accept this principle in political democracy; democratic socialism merely extends it to the economic realm.
Regarding the issue of diversity, democratic socialism doesn't undermine it but supports it. As Michael Harrington, a democratic socialist and founder of the Democratic Socialists of America, put it:
"
Socialism doesn't mean sameness. It means diversity."
Addressing economic inequalities, it allows people from all backgrounds to thrive. As for the "live and let live" philosophy you mentioned, that's a valuable principle. But it only works if people have the freedom to live their lives without being hindered by socioeconomic constraints. Economic inequality, which is inherent to capitalism, undermines this principle by creating large disparities in wealth and power. To be clear, democratic socialism does not seek to force a specific lifestyle or set of beliefs on anyone. It's about providing the basic necessities for all people like healthcare, education, and housing so that they can pursue their own interests and passions. It's about giving everyone a fair shot, not dictating how they should live their lives.
In a well-regulated, democratic socialist society, we can create a more equitable world that upholds both individual freedoms and societal well-being. Our goal isn't to control people but to ensure that everyone has the freedom to live a dignified and meaningful life. This, in essence, is the heart of socialism.