this post was submitted on 31 Jul 2024
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Yeah, it's not an easy problem to solve. As someone who is mainly versed in the socialist tradition I view class conflict as the primary impedement to social progress. And any system that incorporates competition will, in my view, generate class conflict. It's all or nothing: you can't have a cooperative structure operating within a competetive framework.
In practical terms, this has meant a lot of different things over the past few centuries. Nobody has found the correct answer. In the present system, the first step is unionization and increasing class consciousness among the labor force. The second step is coordinated action via targeted mass action (think cross-industry work stoppages that disrupt production and logistics). Essentially you cripple the owner class at large by disrupting their profits and force them to make concessions. You could have a gradual move towards cooperative ownership by forcing down the ratio of CEO to average worker pay. You could force the passage of the types of tax reform that you are arguing for. You could force the passage of social welfare reform.
But ultimately this movement would have to be worker-led, because the ruling class will always invent new ways to entrench themselves in power. John Maynard Keynes referred to the "euthenasia of the rentier class". In other words, they would humanely pass into the dust bin of history because they would no longer exist as a class, because the workers would not tolerate them.