I meant corporate profit. Selling your used car wouldn’t earn you any profit in the first place and even if it did, you would be your very own self employed employee.

I meant profit as the money that instead of through fair wages for actual employees is distributed through dividends to shareholders.

I thought everyone had the same definition of the word “profit”, but I guess not.

There’s no need for any privatization. We can simply have a market socialist economy that works on the principles of worker and customer owned companies.

Basically, we can have utility companies (and that type of stuff) be owned equally by the citizens they serve, have all the other companies be heavily antitrust regulated and owned equaly by the workers of said companies through the worker cooperative corporate structure.

Conflict of interest things (like healthcare) can simply be government programs.

This way, we preserve the market and the Playstation while at the same time ensuring that Sony makes more moral choices and pays all their workers fairly.

There’s no need for Uber rich people to even exist, functioning examples of worker cooperative companies exist (For example, Mondragon Group in Spain).

I belive profit itself should be eliminated, we can do just fine without it.

There’s no need for any privatization. We can simply have a market socialist economy that works on the principles of worker and customer owned companies.

Basically, we can have utility companies (and that type of stuff) be owned equally by the citizens they serve, have all the other companies be heavily antitrust regulated and owned equaly by the workers of said companies through the worker cooperative corporate structure.

Conflict of interest things (like healthcare) can simply be government programs.

This way, we preserve the market and the Playstation while at the same time ensuring that Sony makes more moral choices and pays all their workers fairly.

There’s no need for Uber rich people to even exist, functioning examples of worker cooperative companies exist (For example, Mondragon Group in Spain).

I belive profit itself should be eliminated, we can do just fine without it.

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I said market socialist. In a market socialist economy there would be no billionaires. Also housing is an absolute necessity, which means it shouldn’t be governed by a market at all, no matter the economic system. Only things outside of staple foods, a roof over your head, utilities, drinking water, healthcare and other things absolutely necessary for your continued survival, can (not should) be governed by a market, and one that doesn’t funnel money upwards.

Capitalism in any form is absolutely horrible and should not exist.

Also, creating artificial demand should be banned.

Nuh, uh. Markets controlled by Oligarchs who spend billions to erode social safety nets do. A market socialist economy with strong regulations and systems like a UBI wouldn’t create poverty, while still being a market (albeit a very different one to what we have today). Albeit I do think that for many things (like healthcare) having a market of any kind is just dumb.