Reading about FOSS philosophy, degoogling, becoming against corporations, and now a full-blown woke communist (like Linus Torvalds)
this post was submitted on 26 Sep 2023
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What we have today isn't really even capitalism anymore. It is becoming something else. We don't have free markets, for example, because large corporate players are not allowed to fail. Under a central banking system, the state can simply print money to fund its corporate protectorates while artificially suppressing interest rates to avoid paying any interest on the debt. And then we use tariffs and policy to pick and choose winners, suppressing competition. This is about as far from capitalism as one can imagine.
Can you point me to a time when capitalism did happen? Where governments and outside forces weren't picking winners and losers in the market? In such a time what was the plight of the common worker? Did we see overwork, workplace safety, and child labor issues?
Third wave communism doesn't seek to abandon the "free market" (which is free within bounds), it instead favors democracy in the workplace. Where all members of the organization are employee-owners including ceos and middle management and the "Board" is dissolved into either a representative or direct democracy made up of employee-owners. In this way one increases the incentives for each individual to perform and see the company perform well. This also mitigates much income inequality by allowing the workers a say in the compensation of middle and upper management.