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Anti-Capitalist Sentiment (with some morality)

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  1. #1
    Furthermore, it can surely be argued that if the workers own the means of production (a core aspect of socialism) then they will be more incentivised than an employee who merely earns a wage.

    Socialism can be argued to pass the incentive from the top to the bottom. Coco makes a solid point... employees lack the profit incentive, their main incentive is fear of losing their job, which is a negative incentive. How do you give them more incentive? By either giving them performance related bonuses, or by giving them a financial stake in the business.
    Quote Originally Posted by wufwugy View Post
    ongies gonna ong
  2. #2
    Quote Originally Posted by OngBonga View Post
    Furthermore, it can surely be argued that if the workers own the means of production (a core aspect of socialism) then they will be more incentivised than an employee who merely earns a wage.
    Workers have the freedom to own the means of production in capitalism. Do you think that perhaps this would be more common if it worked better?

    Socialism can be argued to pass the incentive from the top to the bottom. Coco makes a solid point... employees lack the profit incentive, their main incentive is fear of losing their job, which is a negative incentive. How do you give them more incentive? By either giving them performance related bonuses, or by giving them a financial stake in the business.
    Watch the frame.

    The main incentive of a laborer is making a wage to buy things he wants. Framing it as not wanting to lose his job is painting with a brush of dysphemism.
  3. #3
    Quote Originally Posted by wufwugy View Post
    The main incentive of a laborer is making a wage to buy things he wants. Framing it as not wanting to lose his job is painting with a brush of dysphemism.
    The main incentive of getting a job is to buy things that one wants. But that isn't the incentive to do the best one can do. If I'm paid £10 an hour to work in a factory, do you think I'm going to be as productive as someone doing the same job who has shares in the company, or gets x% of the profits as a yearly bonus? Nope.

    I think you underestimate the sheer volume of people who basically grind through their working day doing as little as they can get away with. The incentive to meet the minimum criteria in this regard is fear of losing the job... that's all that's stopping them doing a worse job.

    Buying things isn't an incentive to work harder if you're not going to get paid more for working harder.
    Quote Originally Posted by wufwugy View Post
    ongies gonna ong
  4. #4
    Quote Originally Posted by OngBonga View Post
    The main incentive of getting a job is to buy things that one wants. But that isn't the incentive to do the best one can do. If I'm paid £10 an hour to work in a factory, do you think I'm going to be as productive as someone doing the same job who has shares in the company, or gets x% of the profits as a yearly bonus? Nope.

    I think you underestimate the sheer volume of people who basically grind through their working day doing as little as they can get away with. The incentive to meet the minimum criteria in this regard is fear of losing the job... that's all that's stopping them doing a worse job.

    Buying things isn't an incentive to work harder if you're not going to get paid more for working harder.
    I get your point. There isn't a 1 to 1 correlation between getting paid more and working harder.

    Yet, it's still about making the wage. Why does somebody not want to lose their job? Because it means loss of wage.

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