0xen 🎩
@0xen
public ledgers, open source, DAOs, CC0 are all far left coded ideals. curious how the more right leaning crypto space squares these bedrock concepts.
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Dan Romero
@dwr.eth
Generate revenue.
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0xen 🎩
@0xen
strange bedfellows innit
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@thumbsup.eth
DAOs or user-owned networks are like cooperatives. Cooperatives can earn revenue. The distinction of capitalism’s versus socialism’s “revenue” is the profit incentive and who gets the profit. Especially because they also have the power over how the company is run (and in oligarchies, how the country is run) Don’t let anyone tell you that money, markets, or income has to be absent from leftist ideology; it’s a big tent. Leftist conception of these things, which as you mention is very much coded in line with the web3 we’re building, is about equitable distribution of surplus revenue and democratic control of the organizations. I don’t think people on the right understand the bogeyman they think they’re fighting. Red scare propaganda and garbage propaganda like “The Little Black Book of Communism” built a wall of bias that even Gorbachev couldn’t tear down.
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danny iskandar
@daniskandar
Thought the major of distinction is private property, and hence roll over to revenue. In China the gov could just take control of ‘private property’ if they want to without challenge?
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@thumbsup.eth
Two common conflations here, on top of the conflation of all leftism with state communism. 1. Private property ≠ personal property. It is specifically referring to the ownership of companies and things like being a landlord. It’s not about your primary residence, car, or your toothbrush. Nor the business that you are the sole employee of (referred to as artisan). Only stocks, factories etc. 2. They are not in most conceptions owned by the state, but by the workers. A soviet is a workers’ council and each Soviet is part of broader legislative bodies. Contrary to the way things devolved under Stalin, there is a lot of democratic underpinnings to socialism/communism.
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danny iskandar
@daniskandar
Here from Claude AI: Comparing Communism and Capitalism What's the difference between communism and capitalism? Here's a concise overview of the key differences between communism and capitalism: Economic system: Communism: Centrally planned economy controlled by the state Capitalism: Free market economy driven by private ownership Ownership: Communism: Public/state ownership of means of production Capitalism: Private ownership of property and businesses Social structure: Communism: Classless society (in theory) Capitalism: Class distinctions based on wealth/economic status Distribution of goods: Communism: "From each according to ability, to each according to needs" Capitalism: Based on supply and demand, ability to pay Government role: Communism: Strong central government control over economy and society Capitalism: Limited government intervention in economy
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@thumbsup.eth
I mean this is about as shallow of a description of both of these things as one would expect from AI. One issue that you see a lot is that capitalism literally requires a state to function. Private property can only be upheld by law, police, military, etc. And not only that but every capitalist society props up their capitalist system with the state. Also monopolies (and large vertically integrated companies) use economic planning, often aided by government subsidy and legal frameworks, to manage their supply chain. Monopolies are also not bound to abide by competition as a means to adjust their prices. And even when they have competitors it’s easy for them to engage in price fixing (economic planning, centralized power). Still it was a good starting point. Please don’t tell me that this is how you learn about things though…
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