"Getting rid of capitalist 'exploiters' in Communist countries did not raise the living standards of workers, even to levels common in many capitalist countries, where workers were presumably still being exploited, as Marxists conceived the term." - Thomas Sowell

submitted by sproketboy from (self.quotes)

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[–]Chipit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

But it doesn't change the exploiters. The entire idea is to remove them. Capitalists take profit out of companies, which comes directly off the backs of the workers. Remove the capitalists, and the profits go away. These (abundant) monies are now available to be redistributed among the workers.

[–]Narrator 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (1 child)

So just have normal capitalism and a progressive tax rate. You don't need a communist revolution.

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

But...power to the people!

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

Capitalists take profit out of companies,

Yes but the build and run the companies, with out them there is no wealth to take.