Makes the problems of capitalism even worse. Instead of the owner class you get an even smaller political class controlling all means of production - the party leadership. It becomes even more prone to corruption than capitalism.
Adding to problems is the planned economy - it always results in misaligned incentives, bad allocation of resources, constant shortages…
Third, possibly the worst, is the constant insistence on ideological purity and severe punishment of “thought crimes”. Or as they like to call it “counterrevolutionary activity”.
Even though it was created out of good intentions, I don’t believe a lot positive aspects can be salvaged.
Lemmy always beating the socialist drum, yet I’ve never once had an answer as to how socialism prevents power and money from being concentrated at the top. Communism is the even worse version.
Makes the problems of capitalism even worse. Instead of the owner class you get an even smaller political class controlling all means of production - the party leadership. It becomes even more prone to corruption than capitalism.
Adding to problems is the planned economy - it always results in misaligned incentives, bad allocation of resources, constant shortages…
Third, possibly the worst, is the constant insistence on ideological purity and severe punishment of “thought crimes”. Or as they like to call it “counterrevolutionary activity”.
Even though it was created out of good intentions, I don’t believe a lot positive aspects can be salvaged.
Lemmy always beating the socialist drum, yet I’ve never once had an answer as to how socialism prevents power and money from being concentrated at the top. Communism is the even worse version.