Thank you for your explanations. It cleared up some things.
I do still have a few questions.
In my teenage years, in addition to spending time reading how to speculate in the stock market, I also read various economic theories. Obviously, one of them is socialism.
One point which I take with socialism is their notion that a person may work for simply work.
Not simply for work, but for motivations other than a pay raise.
I agree some people will do work for this purpose(myself sometimes, as I don't like to be idle.) But from what I have observed most people will not work unless they are forced.
Of course, you're observing in a capitalist society. As I explained above, there are different systems of value. In socialist countries this has historically not been a problem.
Now just like a capitalist society a proposed socialist society will need people to do the various jobs. How will socialists be able to force people to do these various jobs(besides using brute force like Mao and Stalin)????
I'm not sure, it would depend on the job and the country. I suppose incentives could be thought up. I imagine one way would be to restrict the number of people in one business, say, doctors, if there are too many, or make it more difficult to get into the prerequiste college programs, if they are required. Likewise, if it is "easier" to get into the jobs that are needed, then people will go to them as well; not everyone gets to be what they want to when they grow up, this is a simple fact of life no matter where or when you live. Of course, even capitalist societies don't have an answer to this, apart from offering insane salaries to those positions in need of people, but I explained previously why money would not be of prime importance. Remember that in a socialist society, the basic necessities of life are already provided for by the state.
Also how will socialists deal with the problem of free-riders, say people who call in sick every day and do not work???
They get to suffer at the bottom, skating by with the minimum amount of to survive. Its not a fun life, to be sure, but you won't die from it. One of the main arguments against that safety net is that if it exists, then everyone will automatically fall back on it, because no one ever works harder than they have to, and if they could, then everyone would just graduate from high school and live off the government. This is a logical fallacy.
Second point: Many people in the socialist society may feel they will have a better chance in a capitalistic society. Knowing this, they will eventually advocate capitalism. How will the socialist society continue once more and more of these people become "Closet capitalists"?
What do you mean by "have a better chance?" Better chance at what? Given the choice between equality and inequality, when everyone starts out pretty much equal, I think people will continue to maintain the status quo.
To take a crude example, take a "speculator" like myself. Wouldn't most of these people try to move to other countries, or become closet saboteurs in the socialist country???
Go, if you wish.
Also, how will a socialist society reward talent? for example, I feel it would be unfair if one person say contributes much more to society(say, he invents a cure for cancer) and yet he is in the same or even a similar condition to a "free-rider" who does no work. Should talent not be rewarded?
Of course. There are rewards apart from money.
Third point:One of the best things about capitalism(in my opinion) is that it is able to meet demand with supply; capitalists will produce what is profitable, meeting the demand. How will the socialists know what is needed(short of taking a survey of every household)???
Corporations function more or less like small planned economies. I don't see why an attentive and well-formed system could not successfully plan an economy and meet demand acceptably.
I should mention here that not all socialist economies need to be planned; if a socialist society evolved closer to, say, an anarcho-syndicalist approach, then there could theoretically still be a "free market," but with those businesses run democratically and with fair distribution of wealth (because it would be decided democratically by the workers, who are of course going to lower the top salaries and increase their own). It really depends on how the whole thing goes down.
Fourth point: Do you think that a socialist country can survive in a world of capitalist nations??? or does a revolution need to occur simaltenously in all the major powers in order for socialism to survive???? As it seems to me if even one capitalist major power survives, it would be able to outcompete most socialist countries.
I am not a Trotskyist, and I don't think there are any on this forum. A worldwide revolt would certainly make things a lot easier, but it would proceed unequally, as different nations are at different stages of economic development. Ideally, it would start in the post-Industrial nations, i.e. Western Europe, the US, Canada, South Korea, and Japan.
As for this "outcompetition," I assume you are basing this on the reality that was the West vs. East race that dominated the Twentieth Century. It is important to remember that a socialist revolution is best served when it happens in a capitalist, industrialized nation; there has been no such event in history. Russia, China, Poland, Rumania, Vietnam, Cuba, Nicaragua, these places were not industrialized. East Germany was perhaps the most industrial in theory, but it was robbed of most of its industry as war reparations to the Soviet Union, in addition to being the more rural half of Germany to begin with. The Eastern Bloc had to play catchup during the time that the West was growing exponentially; simple math tells you that calling this an uphill battle is an understatement. In November 1917, Russia was, for all intents and purposes, in the 18th Century. What it achieved after the Revolution was nothing short of miraculous, but to compare the West, which began industrialization long before the East in addition to many other advantages, and the East, which was the effective backwater of Europe, is simply unfair and dishonest.
Fifth point: Do you consider Scanadanvia an example of socialism???? Scandanvia's governments as I recall have over 50% of the economy in the public sector, which means all those capitalists combined cannot match the public. Is that not a characteristic of socialism???
I'll let Luce comment on this, as he is Norwegian and I am American.
Sixth point: I realize one of socialism's doctrines is that workers are exploited because the capitalist takes part of the value of the labor of the workers away. However, doesn't the capitalist deserve some credit as he/she assembled the workers, the machinery, so the goods can actually be produced. I mean, without the capitalist, we couldn't match the workers up with the machinery to produce things. Didn't he create most of the extra value(as workers on themselves, I noticed, usually don't produce their own products with their own machinery- mercantilist era of China(Han-Tang) and Europe (1500-1700) excepted.
Yes it does. Capitalism is not pure evil, and its achievements are worth great praise. However, it is an unsustainable system that exploits the things that make it great, which is why socialism is the evolution after capitalism. Socialism will have to meet and exceed the achievements of capitalism if it is to succeed.
Seventh Point: I realize socialism's goal is equality for all, but has it occured to you that sometimes people are not equal in ability???? Some people get 90% averages, others 80%, others 70%. How can everyone's income be made equal, if people's abilities are unequal????
Of course, that is the point of making people equal. If left to their own devices, their inherent inequalities will subjugate one group under another. Such is the basis for social Darwinism that these things should be allowed to evolve naturally. That may be true of the animal and plant world, but humans are unique among species in that we have the power to forgo natural law and create our own laws; it would be a crime against our own intellect and a step towards barbarism to surrender that gift.
Eighth Point: How will the common man benefit from socialism????
A better question is: how do they not?
I mean even in "capitalist" economies like the US, you have a welfare system that basically feeds the poor and make sure they have a pretty good life.
...which only exists because socialists and communists fought tooth and nail for decades for it.
How will a common family benefit from the change? for example, in my neighbourhood, a typical family has a home paid off, and several hundred thousand dollars in savings, a moderate amount. They are not rich, but they are not poor either. Solid middle class. How will they benefit???
I would say they are rich. Low-level rich, but rich. They are in the severe minority.
Well, I have some nationalism, but I disagree with the rest of them, unless free market competition is "social darwinism".
Luce will disagree with me when I say this because he doesn't like the term, but essentially, yes.
Anyways to sum it up, I think the main difference between capitalism and socialism is that socialists think that the profit motive is weaker than the motive for collective good(also known as altruism) while capitalists believe the opposite. So far, it seems capitalism is coming on top.
It is only a matter of time.
However, if socialism does succeed in a large country(it doesn't count if it succeeds in a country with 100 million barrels of oil to the man), I might change my views.
Venezuela is going to be the worst case of Dutch Disease the world has seen in a long time. I hope Chavez is smart enough to build some sort of basis that is not oil for his economy, and quickly.