Mayur: I am all against uninhibited and all pervasive capitalism. Of course,the government enterprises should have an active role to play in the economy which should, however, vary from time to time. All the citizens should have access to the barest essentials, but strictly on need basis. Besides, I am all for giving teeth to the working class.
But communism, in my opinion, is a bit unnerving. In the societies which are quite addicted to liberty, people will find it unbearable to have the government’s boot on their throat everywhere,all the time. Capitalism existing side by side with socialism, that’s what I advocate. Wealth distribution and wealth creation both are important. There has to be a good incentive to create wealth, and, the economic inequalities have to be made tolerable. Enterprise, prosperity, and, the general well being of the masses. Something for everybody.
Yes this is what I want as a socialist.
To me socialism just means anything less than totally unregulated capitalism.
Socialists are people who are willing to limit the profits of the capitalists. Of course capitalists are people who believe in no limits their profits.So anyone who believes in limiting the profits of capital is anti-capitalist in a sense. Those people who want to let a market exist but to limit the profits of capital are called socialists.
Socialists also believe in redistribution. This means taking or even stealing money from the rich to give to the middle classes, working classes and the poor. This is antithetical to all models of capitalism. All models of capitalism call that theft.
Really what I am talking about here is social democracy.
Also, you can have workers running enterprises for themselves and keeping the profits. This is socialism to me.
Socialism to me is compatible for the profit motive. Capitalism to me is exploitation. No exploitation, no capitalism. Just because someone makes a profit, they are not necessarily capitalists.
One man businesses are not capitalist. This is simply a worker selling his labor power on the labor market to other workers. Labor markets are compatible with socialism as is single proprietorships.
The Cooperative Mode is a noncapitalist mode.
Actually the Japanese model, which is similar to the economics of Nazi Germany or National Socialism is also a noncapitalist model.
My credit union is owned by the its consumers. That is a noncapitalist mode of development.
Many nonprofits do extremely well and hire many workers. That is a noncapitalist mode of development.
This thing that some call State Capitalism is actually a noncapitalist mode of development. Some call Russia State Capitalism.
The Chinese model is also a noncapitalist mode of development. This has also been called a form of State Capitalism.
City and town operated businesses can often be run very well especially if they compete against other cities and towns. This is the Chinese model. This is a noncapitalist mode of development.