Letter: Capitalism has become the crisis

[jdhoch]

Socialism is not mere government ownership of the means of production. Especially with the way the government currently is, it will just lead to being controlled by another unaccountable bureaucracy. The bare definition of socialism is worker ownership of the means of production. For example, a publicly traded corporation is owned by the shareholders, and privately held ones are owned by even fewer. The corporation under socialism would have their workers as the only shareholders. Those who produce the labor are the ones who benefit. The workers would vote on management for the upcoming year, and the difference in pay would be set by them.
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In the last 30 years productivity has increased exponentially, while real wages have not increased at all. In a world full of abundance, why are there those who live in want? Don’t settle for a mere increase in the minimum wage, take control of your livelihood by taking the means of production into your own hands. Only then will your work literally affect your wealth. Capitalism is not in crisis: Capitalism is the crisis.
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http://www.systemiccapital.com/letter-capitalism-has-become-the-crisis/

[Mr. Natural]

The partial letter is correct in emphasizing socialism as a bottom-up socio-economic system rooted in the social individual producing with others in community.

It is also of the greatest significance that the other life forms also produce together in bottom-up communities. Socialism/communism are natural.

IMO, the conditions obtaining in Russia at the time of the revolution effectively prevented the creation of true socialism and deeply perverted the Russian Revolution. What was to be the self-liberation of workers leading to the liberation of all of humanity became a mass-murderous, astonishingly cruel dictatorship that had nothing to do with socialism.

IMO, a socialist revolutionary process must be grassrooted. Otherwise, such processes lose contact with their base: the workers/people by whom and for whom the revolution is to be made.