View Single Post
Old December 23 2012, 11:29 AM   #66
Location: Kentucky
Re: Scientist declares “Earth is F**ked" --Discuss?!

newtype_alpha wrote: View Post

Under capitalism, we call those farm hands or employees. Our farmers overwhelmingly own their own land...
And therefore own the business to which that land belongs (which is to say, it is THEIR business and THEIR land).

That's all just a complicated way of saying "private ownership."
If you want to complicate it that way, but the deed lists the farmer as the owner, and doesn't say anything about farming. If you start a home business, you don't think of yourself as living in a house owned by the business you started - in the house you already owned, and you certainly wouldn't transfer the deed so that you'd have to move if you closed up shop and took a different job. Many farmers farm a bit on again, off again, depending on the local job market and tax breaks.

Where it gets interesting, IMO, is where libertarian socialism sort of dovetails into anarcho-capitalism. Arguably, the only difference between them is their initial starting point; when giant corporations buy out your entire government and private enterprise BECOMES the state, it is essentially the same outcome as socialism: a single entity (or collective group of them working together) owns the means of production while those who do the actual work are completely shut out. All that really means that is that socialism and capitalism fail for the exact same reasons, and in the exact same way.
I don't quite understand what you mean. In capitalism, the government owns very little actual production, traditionally a small national amory and some locks and dams. If it got bought out, that's all the buyer would own. Buying the government doesn't buy the country's businesses, any more than it would buy everyone's houses or televisions. How is a big corporation supposed to end up owning the means of production when most people won't even sell, such as most farmers? What would be the point of doing this since most farmers won't actually farm someone else's land unless forced to, and certainly wouldn't give up ownership if they can avoid it?

Even in buying up other businesses, corporations have learned that becoming too diverse decreases efficiency, and they end up selling off most of the additions or splitting up. Even corporations know that no single organization can competently manage too many different endeavors in too many fields, and that they have to stay focused on their core competency or smaller, more specialized firms will eat them alive.
gturner is offline   Reply With Quote