Capitalism vs Communism: What’s missing in this picture?
This pro-communism image shows how, in Capitalism, the worker’s labor results in a benefit to the rich. In communism, labor results in benefit to the person performing the labor. “Man alienated from his labor” … “workers not owning the means of production” … standard Marxist doctrine.
But this cartoon leaves out some important details:
- Where did the machine come from?
- Where did the investment (risk) capital come from to build the machine and the factory?
- Who had the idea for the machine in the first place?
- Who manages the resources for the factory?
- Who determines what product should be produced and how much of it?
- Who charts the life cycle of the product and when to retire the old and bring in the new?
- … and dozen’s more tiny details like the above.
In the second image above, I don’t see the entrepreneur/business-owner present at all – just the factory workers.
What came first – the job or the company?
Workers work and operate the means of production. If workers imagined, got it right, took the risk, found the capital, built the factories, managed the resources, and the product lifecycle… then they would own the means of production.
So what’s stopping them?
Related: The Purpose of Spectacular Wealth