Socialists don’t hate markets, they hate workers not having any power or democratic choice in how they interact in the market.
Workers owning the means of production just means the workers are doing the same work but they are in ownership of the factory and the profits. They will still sell the products they produce in a marketplace.
Market forces on their own produce many if not all of the perverse incentives of capitalism. Only a centrally planned economy, built on a foundation of grassroots democracy, can hope to overcome those incentives by doing economic planning with an eye towards future sustainability and quality of life, rather than towards profitability.
They will still sell the products they produce in a marketplace.
There is no rule that states they have to sell squat in a marketplace. They could, but they also couldn’t. That’s the whole point of the workers owning the means of production - the workers involved makes those deicisions, not a capitalist or bureaucratic parasite class.
Socialists don’t hate markets, they hate workers not having any power or democratic choice in how they interact in the market.
Workers owning the means of production just means the workers are doing the same work but they are in ownership of the factory and the profits. They will still sell the products they produce in a marketplace.
I hate markets
Wouldn’t that be communism? Genuinely asking
Market forces on their own produce many if not all of the perverse incentives of capitalism. Only a centrally planned economy, built on a foundation of grassroots democracy, can hope to overcome those incentives by doing economic planning with an eye towards future sustainability and quality of life, rather than towards profitability.
I, a socialist, hate markets. They are simplistic and functional artifacts of the available way to pass information.
There is no rule that states they have to sell squat in a marketplace. They could, but they also couldn’t. That’s the whole point of the workers owning the means of production - the workers involved makes those deicisions, not a capitalist or bureaucratic parasite class.