Redistribution In Anarcho Communism/Libertarian Socialism

[Dahut]

In a newly formed anarcho communist or libertarian socialist society what happens to property? Yes, the means of production would be owned in common but what happens to people's personal possessions houses, cars etc. What would happen to the wealth of the rich who would still have a fortune even if the means of production were taken away from them? What would happen to people who owned a big house or numerous properties but weren't particularly rich? What about "Hard-won, self-acquired, self-earned" property?

[syndicat]

In a newly formed anarcho communist or libertarian socialist society what happens to property? Yes, the means of production would be owned in common but what happens to people's personal possessions houses, cars etc. What would happen to the wealth of the rich who would still have a fortune even if the means of production were taken away from them? What would happen to people who owned a big house or numerous properties but weren't particularly rich? What about "Hard-won, self-acquired, self-earned" property?


it's necessary to make a distinction between productive property -- anything used by some workers to make things of benefit to others -- and personal possessions. the change in the economy to libertarian socialism is about the change in the control of the productive property. it's not about your personal possessions. so they continue to be yours.

what is this "fortune" of the rich you're talking about? their wealth lies in ownership of means of production, companies and financial assets that can be used to acquire means of production. stocks and bonds would no longer have any value. so what is this "fortune" you're talking about? nobody owns any private "fortunes" in libertarian socialism.

people who own businesses or who have gotten high salaries from their management of companies have not "earned" the income this generated for them. to a large extent it is pure luck.

now someone may have worked hard and saved some money and acquired, say, a small shop or a small apartment building. but their ability to get other people to work for them for wages or to pay them rent is based on a set of exploitative social relations...not simply their past work.

[W1N5T0N]

So, to recap, there is a clear difference between Productive and Personal property? Didn't Marx say "Abolish all Property"? I don't know in how far he is related with AC or LS.

[Stranger Than Paradise]

So, to recap, there is a clear difference between Productive and Personal property? Didn't Marx say "Abolish all Property"? I don't know in how far he is related with AC or LS.

From the Communist Manifesto:


When, therefore, capital is converted into common property, into the property of all members of society, personal property is not thereby transformed into social property. It is only the social character of the property that is changed. It loses its class character.