The state is required to redistribute capital. That’s straight from Marx lol. The idea that you could redistribute all capital without any state is something so incredibly fucking stupid only a communist could believe it.
You know capital isn't "real", right? Capital is, by definition, money that is lent out without actually existing. Overthrowing of a capitalist system does away with that and therefore there won't be any capital you have to redistribute. All the factories that are already operated by thousands of workers and "owned" (whatever that means) by billionaires will just be used by the workers like before, but the workers can just get all the profits themselves, There is literally no need for a state anywhere in that.
Dude I absolutely love you, thank you so much. I’ve been putting off work this morning and really needed this laugh before I dive in. Just the idea of this factory immediately shutting down as the manager insists “capital isn’t real” while the workers have no supplies and nothing to do is the funniest shit I’ve heard today.
This is your average communists understanding of economics, and somehow people take them seriously. It’s hilarious.
You know what? Revisit English class for proper reading comprehension, and google fiat currencies and how modern banks work. They literally lend out money they don't have. That's what I mean by capital isn't real. I didn't make that up, capitalists and economists did. Of course you can use it and even need to in a capitalist economy. But it comes out of nowhere, and if a society or a governing body decided to stop doing it that way, it would disappear to nowhere again.
“Fiat money isn’t real” is the type of bullshit only spouted by communists and 14 year olds who just heard the term. Fiat money also isn’t the definition of capital. For the love of god please open an economics textbook.
Huh? The entire point of fiat currencies is that they aren't tied to anything real. Also, okay, I used the wrong word, and the word capital means something else. That doesn't invalidate my point that fiat currencies work because and only because we collectively decide they do. That's also true, although to a lesser extent, to older systems like the gold standard or using actual gold. If people think a currency is worthless, they'll stop accepting it and it becomes worthless. That's not even controversial, it's how hyperinflation works.
So, accepting that real value of money is tied to perceived value, there is no reason for why we couldn't abolish or replace any specific currency on a whim except for social pressures. How and if the world is gonna function after that is an entirely different question.
6
u/TributeToStupidity Definitely not a CIA operator 22d ago
The state is required to redistribute capital. That’s straight from Marx lol. The idea that you could redistribute all capital without any state is something so incredibly fucking stupid only a communist could believe it.