Production is socialised, profit is privatised


Came across this idea from Breht O'Shea: Revolutionary Left Radio: Challenging Capitalism: Envisioning a Socialist Wor…

He said that the idea is from Engels' Socialism: Utopian and Scientific.

Same idea here from Mariana Mazzucato:

What this means is that we have socialized the risk of innovation but privatised the rewards.

This page last updated: 2020-07-17 Fri 19:46. Map. Recent changes. Source. Peer Production License. Webring: << random >>