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fanimalmanimal | 5 years ago

It sounds like whoever managed to get political support in that community is making the economic decisions, rather than “themselves”. Individual property rights simply devolves that control to the individual or the family. Communal property rights would place control of property into the hands of the elites. I’m not saying the current system is perfect, but I’m the system to you’re describing I don’t see how someone gets a new technology to market without the support of the elites. It’s at least possible today, and leads to the collective increase in standards of living.

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royaltheartist|5 years ago

The system we live in is one in which everything is in the control of the elites. Who makes all the decisions about technology? The CEOs of massive tech firms. Who makes all the political decisions in government? To a person almost exclusively the rich, those who hoard capital.

fanimalmanimal|5 years ago

I’m not going to argue that our political and social economic systems don’t have flaws. I do think directly merging political and economic power into the same institutions would only make it worse.