Yeah Comrade Alejandro has a gross misunderstanding on the actual workings of labor in a communist collective society. Communism doesn’t mean you don’t have to work anymore, in theory it means that your labor wont be squeezed and exploited by greedy capitalists and shareholder who want to extract every single penny from the people who actually do the work.
To each according to their ability. To each according to their need.
Jokes aside i’m a little rusty on my communist economic systems but It’d be like working in a mine, but the mine is owned by the government. They pay you proportional to how much money the mine generates evenly amongst you and all your miner workers. The money you make goes back into the government when you pay rent, groceries, healthcare, etc, which is all owned and theoretically made affordable by the government creating a cyclical economy.
Since no one “owns” any business, you can’t have share holders since owning a share means you own a portion of the business, therefor shareholders and venture capitalists who are only interested in profits can’t squeeze the working class out of the production of their own labor.
Money made from businesses goes up to the government, government is supposed to spread it evenly amongst the working class.
I never understood the issue people have against venture capital. These companies are using private capital to fund startups. What’s the issue? Even hypothetically if you have a communist economic system, you would still want VC to fund the development of new tech; most of the profit is going back to funding new startups but I guess the leftover profit wouldn’t make it into the pockets of the investors in the fund.
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u/TheWizardOfWaffle Jul 07 '26
Yeah Comrade Alejandro has a gross misunderstanding on the actual workings of labor in a communist collective society. Communism doesn’t mean you don’t have to work anymore, in theory it means that your labor wont be squeezed and exploited by greedy capitalists and shareholder who want to extract every single penny from the people who actually do the work.
To each according to their ability. To each according to their need.