It is not just Capitalism…is is centralization in all its forms. Too much power in the hands of the few always leads to poor outcomes for the many. This is bigger than Capitalism.
What market structure is a good model for decentralization? Socialism generally involves a central authority deciding on resource allocation, and most other approaches also have an emphasis on centralization.
I think you have to pick the low hanging fruit and go from there. For instance, we are here and already have made a small, but measurable dent to Reddit traffic. Imagine if everyone came over here, Reddit would no longer be viable as a profit company. Google would collapse if we all supported Peer Tube. Of course these are not going to change the world, but I am convinced if/when decentralization gets traction, we will find ways to implement it everywhere it makes sense. It is about balance as there are benefits to centralization and I am not suggesting everyone is decentralized, but right now the scales are out of balance and we have some tools to start to rebalance. We just have to want it. Well maybe need it which seems to be coming.
There is nothing in socialism that requires central planning. There are specific branches that do, but market socialism would, if anything, use it less than the current system.
It is not just Capitalism…is is centralization in all its forms. Too much power in the hands of the few always leads to poor outcomes for the many. This is bigger than Capitalism.
What market structure is a good model for decentralization? Socialism generally involves a central authority deciding on resource allocation, and most other approaches also have an emphasis on centralization.
I think you have to pick the low hanging fruit and go from there. For instance, we are here and already have made a small, but measurable dent to Reddit traffic. Imagine if everyone came over here, Reddit would no longer be viable as a profit company. Google would collapse if we all supported Peer Tube. Of course these are not going to change the world, but I am convinced if/when decentralization gets traction, we will find ways to implement it everywhere it makes sense. It is about balance as there are benefits to centralization and I am not suggesting everyone is decentralized, but right now the scales are out of balance and we have some tools to start to rebalance. We just have to want it. Well maybe need it which seems to be coming.
There is nothing in socialism that requires central planning. There are specific branches that do, but market socialism would, if anything, use it less than the current system.