Lumifer comments on On Walmart, And Who Bears Responsibility For the Poor - LessWrong

13 Post author: ChrisHallquist 27 November 2013 05:08AM

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Comment author: Lumifer 03 December 2013 04:59:55AM 0 points [-]

In a non-democratic system of governance, the state is not, in my view, a public enterprise accountable to the public

I agree, with the proviso that I believe the same thing is true for contemporary democracies as well.

and I also have an ownership claim to the means of production and will thus be rewarded myself for my efforts

That sounds very capitalistic to me. Will there be rich people? Very rich people?

if lots of people agree with my vision of the Public Good, lots of them will join me in producing it.

So, let's say I (and a bunch of other people) think the world needs another computer chip fab. They cost a couple of billions to build. Where will the money to build it come from, how will the owners of the capital be compensated, who will own the chip fab?

Or let's say I'm Steve Jobs and want to make an iPhone. Most people call me crazy.

Or let's say everybody really needs toilet paper, but nobody feels sufficiently motivated to start producing it. Eh, let someone else do it, everyone says.

...it will remain more expensive, and democratized ownership may make it inaccessible due to a lack of concentration of resource ownership.

So, no computer chip fabs? That's unfortunate.

This is an example of the market acting on such an ownership structure and operation to eliminate things which are materially expensive

I am sorry, the market really REALLY wants computer chips. It's willing to pay for them (I presume you'll have money in your society).

As the ownership of the means of production is fully democratized, no one person or group would have anymore say over the purpose of the operation of the MoP than any other person, guaranteeing a more equitable distribution of resources.

It will also guarantee that this MoP will self-destruct in a very short time. I believe people occasionally try to run a business (or, actually, any complicated activity) by referendums. It's rather comical how that Just. Doesn't. Work.

Take, for example, a racist vision of the Public Good. ... This will make it more expensive for me to produce whatever other things are part of my vision of the Public Good

Not at all. Let's say I produce foozles. A production team of, say, 1,000 people is enough to fully satisfy the demand for foozles. That team is 100% redneck white male and likes it that way. Any problems?