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[–]EthnocratArcheofuturist 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

I agree with pretty much everything you said here, but it's still capitalism. There's still capital, private property, and profits. You just have a more state-controlled form of capitalism with far less parasitic elements. It's much closer to the fascist model than the neoliberal model, which is a good thing of course, but it's still capitalism.

The value of companies would be decided by a machine algorithm factoring in profits, scale, and productivity rather than gambling on the stock market.

This might actually be the most interesting thing you've ever said. It's a very Veblenite idea. Have I influenced your thinking on this by mentioning Project Cybersyn?

Tolkien and many other thinkers in the late 19th and early 20th century favored such a system.

You should look up C. H. Douglas and social credit.

[–]casparvoneverecBig tiddy respecter[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

This might actually be the most interesting thing you've ever said. It's a very Veblenite idea. Have I influenced your thinking on this by mentioning Project Cybersyn?

I can't say. I'll admit I haven't read schmitt or veblen. I haven't read any philosophy at all to be strictly honest, not even Plato or aristotle. I read a dozen pages in Nietzsche's Twilight of the idols and a few pages in Simon De Beavoir's second sex. That's the extent of my philosophical readings.

All my views and commentary are my own conclusions and ideas. I do read a lot of hard data though- history, articles on economics, military affairs, and so on.

[–]EthnocratArcheofuturist 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I'm the other way around. Lol!

[–]casparvoneverecBig tiddy respecter[S] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

There's still capital, private property, and profits

And the problem is...?

Private property is an essential component to a free society. To dignified living. It was an integral part of indo-european societies. In fact, its a natural and integral part of human society. The absence of wide scale ownership of private property is unnatural, as we see in communism, late Roman and increasingly in late stage western capitalism.

Profits and the free market are good things too. You need incentives to innovate and work hard. The market also spurs exchange of ideas and is more efficient. The Soviets had no profits or market and they were a basket case. Soviet peasants did some farming in their free time on their personal land and this ''hobby farming'' produced a fourth of the Soviet Empire's food.

Russia has since cast off communism and has allowed the profit motive and market again, albeit with restraints. Now its the largest wheat exporter in the world. From a land of famines to a land of bounty in 30 years.

Hitler himself greatly admired industrial entrepreneurship and private ownership of property and companies. He didn't nationalize Krupp, Diamler-Benz, IG Farben or any of the great German industrial firms. Mussolini had a more communistic view with a bend towards nationalization. And the Italian economy was extremely inefficient and unproductive during the war.

[–]EthnocratArcheofuturist 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

It's a problem because it's still based on the infinite growth paradigm.