but in a system where wages are higher and increase faster

thats fine

it only hurts old people because savings are depleted faster

but guess what

its socialism

GG @Green Syndicalism, you just advanced to level 3!

we have stronger pensions

We'll also go into more debt due to increased government spending. Also higher wages isn't a good option price is subjective and you're basically inflating it.

Also inflation is extremely bad you're basically devaluing currency making everyone's worth less and less

Gold standard time

Stop listening to Keynes he's bad for you

okay but you dont get how government revenues work in socialism do you

lets start from the top

you know what happens when you nationalise big companies?

*governments control its profits*

and since youll have a shitload of SOEs, you dont actually have to increase debt to get more government revenue, *you will naturally have more revenue from the SOEs*

when i refer to higher wages, *im talking about higher wages with respect to inflation*

The problem with nationalization is you are essentially making the business a monopoly. Completely exempt from all forms of competition.

you know why competition is good?

Because it makes businesses have to conform to consumer demand or else they will lag behind and eventually fail. With nationalization you also run into the handshake problem.

right on, but guess what

in market socialism, *not all businesses have to be government owned*

ie *competition still exists*

you heard of co-operatives bud? for a start, but also in demsoc, you can allow for SMEs to be privately owned

and when the SMEs become large enough, you mandate mutualisation or nationalisation

I'm fine with Co-ops existing but I'd prefer if everything was private currently the government doesn't really like Co-ops.

can i just reiterate a very simple point

when the government owns a company, the entire population shares in its profits

a private company shares its profits *amongst a small band of shareholders*

But you still run into the handshake problem

why the fuck, are you arguing for such a system that keeps profits segregated?

unless youre actually wealthy, *you dont benefit from this system*

Because not everyone deserves the same amount plus business owners are quite skilled and have to be quite good at there job. From the marketing, to the sales, to new products it's a pretty difficult job. Plus investors are taking a huge risk.

did i say everyone deserves the same amount?

you know market socialism has inequality built into it right?

you dont actually, since you cited that as a reason

thats a principle of communism, not DemSoc

am i arguing for paying managers (ceos and board directors) less?

Oh you're talking about the LTV here?

no i think that meme is debunked

It's been in a grave for a while thank you menger