New and Confused about Socialist Economics

[lovely]

There are a few questions that confuse me about socialist economics:

# Who owns the means of production, and why?
# What of equal pay?
# Is above (equal pay) done to bring prices down, and make commodities available to all people?

I need some specific answers rather than a link to huge resources, because that could get even more confusing.

Thanks in advance.:)

[comrade stalin guevara]

Hello comrade

First off it is the workers who control the means of production why because it is fair to all people

Equal pay i do not belive in labour is skill and the more of that skill you are prepared to give the more you should be rewarded this i belive [my opion only] is a fundermentanel of communisim

[Comrade Vasilev]

There are a few questions that confuse me about socialist economics:

# Who owns the means of production, and why?
# What of equal pay?
# Is above (equal pay) done to bring prices down, and make commodities available to all people?

I need some specific answers rather than a link to huge resources, because that could get even more confusing.

Thanks in advance.:)
No one is 'paid' in socialist society, because 'payment' implies the commodification of labor and that a worker must 'sell' his labor for less than it's product is worth.

In socialist society the individual incentive is as such: Everyone makes available to the community the product of their labor, and in return the community does the same to him, thus everyone can have access to all the products of society. This relationship during the socialist period is moderated and controlled by the State, who will make these products available and restrict them in some instances to prevent looting, hording and other aspects from the previous capitalist society.

Over time the State role, to moderate socialism, will be lessened and the role of the state will diminish and 'wither away', until Communism is established.

Economic activity:
Production (controlled by the bourgeois under capitalism, by the workers under socialism)

Distribution (controlled by the bourgeois under capitalism, by the State under socialism)

Purchasing (sold under capitalism, abolished under socialism in favor of state-controlled distribution)

Consumption (individual)

[Niccolò Rossi]

Who owns the means of production, and why?

The workers as a whole class. Why? It is in the class interest of the proletariat to take under command the product forces of society so as to liberate itself from wage slavery and the parasite that is the bourgeoisie.


What of equal pay?

We seek to abolish the wage system completely


Is above (equal pay) done to bring prices down, and make commodities available to all people?

Again as before, talk of wages is useless. We seek the full and free access of the social product to all people.

Hope that helps

[Decolonize The Left]

There are a few questions that confuse me about socialist economics:

On this forum, we differentiate between several forms of economics. There is Marxist economics, which claims a movement from capitalism to socialism to communism. Are you referring to this form of socialism - a transition stage between capitalism and communism? Or are you referring to socialism as an ideology itself (as opposed to communism)?

This clarification will help me better answer your question. Thanks.

- August

[lovely]

Thanks, everyone. I can't say I understand, it's confusing.:(

*If there are no wages, will there be motivation to work?

*How will workers choose their professions? Or, will the state choose for them?

* Will it be a moneyless society?

* If the workers control production and distribution, how will they know what to produce and distribute to the population, and how will they acquire initial capital to make the production in the first place?

All this seems confusing, because I have a capitalist background, my mind is rather bewildered when I try to understand socialism.:blink:

[lovely]

One other thing. What sort of products and services will be produced in a socialist society? Will it only be 'essential' items such as things needed for a simple living, or will the goods also include things found in capitalist nations, such as entertainment, video games, and so on? Put simply, will the state discriminate between essential and non-essential items, and engage only in the production and distribution of the former? If so, how?:)

[danyboy27]

There are a few questions that confuse me about socialist economics:

# Who owns the means of production, and why?
# What of equal pay?
# Is above (equal pay) done to bring prices down, and make commodities available to all people?

I need some specific answers rather than a link to huge resources, because that could get even more confusing.

Thanks in advance.:)


the anwser you are looking for may vary from an ideology to another.

some hardcore communist take marx verry seriously and consider wages and such an abobination, and must be completly destroyed.

but basicly in a communist society basic commodities should be more easily avaliable, since everyone work, and more good are produced, also price of those commodities will be regulated if controlled by the state.

the mean of production are controlled by the worker, again its a matter of opinion and ideology on the way it should be controlled by the people, i believe in a state that would have a people governement, elected by the people, that would take care of that, but other would say mean of production should not be centralized, we should live in caves etc(that was a joke, or not...)

the basic principe of equal pay came from the idea that peoples are all equal, and then should be paid all the same, but its not an idea all communists and ideology share, i hate it personally.

there would be intertainement for sure! movies, arts, gym, 99% of the stuff you atually do to entertain you would still in, but instead of being controlled by corporation, it would be controlled by the people, and its governement, elected.
it would mean more people could benefit from it, at no or almost no cost.

[Bright Banana Beard]

If there are no wages, will there be motivation to work? The motivation for self-pursue. Education will be everyone's right instead the use for training for workforce. If you know it going to help the community and make your life easier, why not? The work will only takes like 2-3 hours. Technology cuts down those work. Dirty jobs will be done by you, whenever you like it or not.


How will workers choose their professions? Or, will the state choose for them?By worker's choice, whoever can make the production faster.


Will it be a moneyless society? Yes, to we don't have to worry about financial reasons. We can simple take the items. The production will be directly known and not estimation or guess, so we don't waste goods. You can phone the worker to make one for you. If you don't contribute to the society, then you don't eat. Despite that quote, there will be a lot of people donating stuff to you, or help so they won't hear complaint.


If the workers control production and distribution, how will they know what to produce and distribute to the population, and how will they acquire initial capital to make the production in the first place? You do not need money for this kind of thread, you simple know as you tell your friend that you are going to pick up.


All this seems confusing, because I have a capitalist background, my mind is rather bewildered when I try to understand socialism.:blink: That expected because anything related to socialism must be power central, but we are against the state. It is arrogant to say only capitalism will work. However, attempting socialism at county level will suffer badly due to capitalism influence, hence we are seeking global revolution.


What sort of products and services will be produced in a socialist society?The worker will setup the meeting and decide how the product will look like, and how many different model, if a customer wants a totally-his-style, he can come to the worker and the worker can produce that for him.


Will it only be 'essential' items such as things needed for a simple living, or will the goods also include things found in capitalist nations, such as entertainment, video games, and so on?There will be many artist items, but entertainment is already in abundance forms thank to the computer, we could even accelerate the technology by the hobby and not some high-paid people. We also just don't want to waste goods, that what we meant "need". We can't measure value.


Put simply, will the state discriminate between essential and non-essential items, and engage only in the production and distribution of the former? If so, how? Not much different, we can produce as many as need, but wasting and allocating them for market is not our thing and indeed the cause for today world suffering.