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View Diary: Socialism is like total equality y'know. (70 comments)

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  •  Exactly, its not collective but cooperative (0+ / 0-)

    No modern day socialist wants collectivism in the sense of the Soviet Union.  They don't want the government to own everything and hand out "stamps" to people to "purchase" things made by the government.  

    The model most commonly discussed is that of a cooperative.  In a cooperative, the workers own the business.  But it's still a business that competes against other businesses and money is still made.

    It gets more murky when you bring in the notions of finance, investment markets, etc... I never was clear how finance fits into a cooperative model.  I would think not very much because the cooperatives would likely not go public or they would lose their power to control their business.

    "The real wealth of a nation consists of the contributions of its people and nature." -- Rianne Eisler

    by noofsh on Tue May 14, 2013 at 04:44:16 PM PDT

    [ Parent ]

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