Kevin CarsonMay 10

How Socialism in the 21st Century Could Work

https://jacobin.com/2026/05/market-socialism-capitalism-ownership-exploitation

How Socialism in the 21st Century Could Work

A socialism with a role for markets but not capitalists can deliver human flourishing without the pitfalls of fully planned economies.

Show threadJacquelineMay 10

@KevinCarson1

"Socialism with markets" is like "democracy without voting"

I.e. it cannot exist

Show threadhatzkaMay 10
@burnoutqueen @KevinCarson1 Do you have a more specific rebuttal than "nuh uh"?
Show threadJacquelineMay 10

@hatzka @KevinCarson1

Markets, by their very definition, require the private ownership of land and capital in order to function

Show threadhatzka
@burnoutqueen @KevinCarson1 That definition being what, exactly? I can't imagine how land in particular factors in unless you think we're talking about literal physical places people go to do business.
May 10 at 10:17pmWeb
Show threadKevin CarsonMay 10
@hatzka @burnoutqueen Markets could exist in a society where not a single square foot of land was a marketable commodity, and not a single enterprise was absentee-owned by capitalists. The only defining feature of markets as such is exchange of producer and consumer goods.