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Samskara@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

Instead of a rich asshole, you can have worker owned cooperatives and such.

everyone’s time is worth exactly the same amount

That’s just objectively not the case. Some people are able to provide more essential or better quality services and labor than others. There are also more and less enjoyable activities.

Everyone’s time can be worth the same amount for the same activity at the same quality level.

how do we prevent kings or rich politicians in either scenario? Tax them in capitalism for one. In socialism we just downright make that illegal.

You will always have people in more powerful positions and some will take advantage of it. What you can do is rotate people with term limits and such. However that can also have downsides in effectiveness and efficiency.

You can also impose limits on how much stuff a person can own. There are ways to circumvent this with non profit NGOs and such.

Socialist economies also need taxes to pay for infrastructure and the operations of the state.

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