True democracy is only possible when the means of production are publicly owned. Only then can resources and labour be directed in a way that benefits majority of the people.

@yogthos I believe the means of production should be owned by the workers at that place, rather than private capital, the state or the public.

I like Jeremy Corbin's idea that any business that's to be sold, merged or outsourced must first offer right of purchase to the workers, with state-guaranteed loans as financing.

Even with the short term costs, over time workers would own the means to secure a more equitable future, and we would avoid the pitfalls of centralized state ownership.

@akhlys I think in practice both cooperative and state ownership have their respective roles to play. Cooperative ownership is great for things that work well with markets and have a profit incentive.

The state is good at getting things done that are needed, but don't necessarily have a profit associated with them. This includes things like infrastructure, healthcare, and so on.

@yogthos absolutely! There should be no profit motive in healthcare, education, infrastructure, etc.

I'd extend that to housing as well. Adequate housing has been recognized as a human right since 1948 and human rights shouldn't be just for those who can afford them.

@akhlys right, any necessities of life should be provided for everyone unconditionally, and I think that's the role that state industry tends to handle well.