Comments by "buddermonger2000" (@buddermonger2000) on "Are the "Extreme" Economic Systems Totally Pointless?" video.

@ShavoSoaDer honestly the biggest issue with big corporations is the trend toward using the government
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@Boofus90 Then the entire economy will fail and be inefficient usually making everyone worse off. The only reason competition isn't a driving favor in socialism is because there's only a single entity in the first place. Not enough people want to do things out of the goodness of their hearts and essentially get the same as whatever the worker does. People who seek status are usually the biggest producers in society as they do so to seek status and wealth. As a consequence this allows for more to be produced and societies to become wealthy increasing the standards of living. So there's not enough positive incentive and so the only other one is basically the threat of death of deprivation. On that basis I'm very curious as to how there can be a market socialism when socialism implies state-run industry only. I'd love to pick your brain about That if you would indulge me.
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Do you think you can describe market socialism to me real quick? As I understand it there can't really be a market in socialism since the government is the only entity.
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@djole94hns Basically it's a social market economy (I want to compare to like Germany or the Nordic states) with only worker co-operatives at least in how I understand it. That's certainly a very radical view compared to currently, but honestly the only issue I see is the mandating of the worker co-operatives. It's a very capitalist take on the philosophy but in real terms it might as well be in isolation probably one of the stable and least authoritarian of the takes on his philosophy. I feel the biggest issue there on a macro-scale is that it probably works best in a very peaceful world where military spending doesn't need to be very high so you can have much of that welfare spending. However if you prioritize the spending enough you could possibly have enough to allocate to the military and welfare as long as the central bureaucracy isn't too bloated. Yeah it's definitely not really socialism but definitely a very workable take. Edit: thinking about it again I wonder if it could work if food and water is decommodofied. Government production is usually the least efficient of production but if it could be lowered to only basic rations or simply be qualified by the fact that you have to work it would basically keep all of the utility of a capitalist system. "You don't work you don't eat" has been the primary motivator in getting society to work but in terms of getting it to succeed it's having the incentive of success. So you very much at the very least have the important reward for success which allows the growth in standard of living and production which drives the current world.
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