Recently I got thinking how market can be a bad form of resource allocation, somehow I think market aren't complete fair and square, something isn't right about how markets are, I think market socialism is kind of wrong in sense, what's the anon opinion on markets in general? Do you think is a good way to allocate resources or not? What's the alternative to markets?
The objective of Marxism, and Communism as a whole, is to end commodity production, the production of stuff whose sole purpose is to be bought and sold. Capitalism has perfected commodity production.
Markets came into being with the advent of commodity production, which also led to the division of labor. As a result, activities that we used to do in common became separate, trades were formed, and work was now external to our day-to-day lives. We started to make commodities, so that we could get something that a potential buyer was willing to give in return for the commodity that we are offering, we no longer produced in order to meet our needs.
The current market system (capitalism) creates competition between the working class, as labor power is a commodity that a worker needs to sell to the bourgeoisie in order to get wages, which has led to violence and hatred against immigrants and minorities, despite many of them being working class themselves! It has also led to innovate products being made, not for any real utility, but to do work in a much faster and productive way, to increase profit and to get ahead of the competition. The obsession with competition, when its at its highest, has lead to wages decreasing, workers being overworked or overworking themselves so that they can get a little bit more money that will be devalued when inflation inevitably increases, thus making them destroy their mental and physical health. And most obviously, the market system has led to many resources going to waste despite many people needing said resources. Economic crises' are no longer caused by droughts or any other ecological disaster, it is now entirely man made.
Communism seeks to abolish wage-labor, markets and work as we know it today. People will work together and distribute the fruits of their labor in common, people will meet up and create social links with each other as a result of trying to meet each others needs. This won't be implemented in some isolated hippie commune, it will be a international system.
The way in which this system will work and be enforced is still unknown, as we have not gotten that far, but some speculate that it will be done through computer systems. We already have the infrastructure for such a system (such as amazon, temu, ebay etc.), so such a proposition is not impossible, neither is it utopian.
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