Is socialism the only path forward for mankind?

Is socialism the only path forward for mankind?

[ 23/May/21 ]

Depends how you define socialism.

If you define it as the ownership of all property by the community as a whole, then no – that is not a viable path forward.

If you define it as social cooperation, where multiple levels and classes of independent agents (in charge of their own property) cooperate and use high technology to ensure that all individuals have what they consider reasonable levels of goods and services and reasonable degrees of freedom, then that is essential for our long term survival.

So it very much depends on what you mean by the question, as to how one answers it.

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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