The state would not own the market, the market would be utilized as a tool to provide for the people, not for profit. I don't see how the state would do that if the people had control of it and capitalists weren't running rampant. Of course private markets would still exist, nothing is perfect.
But you must admit that profit is critical for having a sustainable economy. There would have to be individuals benefiting from it and becoming more wealthy. This allows them to produce, We need a profiting wealthy class. I would, of course, just suggest that there be ironclad caps on personal wealth and there must be laws guaranteeing fair wages for the lower classes.
The entire concept of "profit" wouldn't be relevant in a socialist framework, nor would the concept of wealth in reference to abstract value.
So you think you can alter human nature, what a fool.
I'm sorry, but I have to jump into this with a simple posting I found, feudalist supports could have made the same argument..
You capitalists are profoundly deluded. Your economic system is bad for these reasons:
- A land baron deserves all of his great wealth because of the great risk involved in his job. He has to manage an entire region full of serfs and direct the entire economic process. If he fails, there would be total disarray, but since he has not then this system is clearly justified. In exchange the serfs keep some of the food they produce and a hovel. Everybody gains!
- Feudalism is a part of human nature. Like a child needs a parent, humans need a baron to control the land while the serfs work the land. It represents an orderly and stable system based upon our real human nature. If we gave this land away to capitalists then serfs would have to wander and find employment and their own new parent. There would be no incentive to work from all this chaos in economic society.
- Capitalism and liberal democracy sound nice in theory but can only fail in practice. Have you not heard of the Reign of Terror? Every time capitalism is put into practice it ends up either failing or surviving but producing misery and death.
- Feudalism has produced wonders for society and should be celebrated rather than attacked. All your pitchforks, swords, daggers, armor, and horses you own - that was created by the wonder of feudalism. A serf is better off now than they ever were in history through the growing standard of living feudalism provides.
- Instead of ending feudalism, it would be smarter to reform and better it. We should concentrate on increasing the amount of grain a serf is allowed to keep while still respecting the hard work, wisdom, and intelligence a baron possesses that entitles them to their riches.
I urge you to reconsider your position. It is just a phase in your youth and you'll see how quickly you'll abandon it.
Long live the King!
See what I'm saying? Plus, human history is massive, and the majority of our history takes place in a world without capitalism, markets, feudalism, more so, primitive communism, if you will. Human nature, a funny term, is formed by the economic, social, etc effects, it's not concrete nature to do one thing. Anyone who has ever looked into anthropology, history, etc would know this.