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Comment by kvgr | Hacker News Reader

The issue is corruption and it is in capitalism, socialism and communism. Corruption is everywhere all the time. Capitalism is just redistribution of resources. There is also redistribution of resources in communism and there the corruption i would say is even bigger. Less in amount for one specific person, but spread out throught society that it rots from inside.

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Capitalism is not the redistribution of resources. It is an economic system in which the means of production are owned by private owners, as opposed to collectively.

In theory, full communism prevents corruption by removing its structural causes rather than relying on laws or moral exhortation. And since corruption under capitalism (in Marxist analysis) stems from private ownership, class divisions, and the scramble for scarce resources, abolishing those conditions should eliminate the incentives that drive people to exploit positions of power for personal gain. Without private property to accumulate or a state apparatus to capture, the reasoning goes, there would simply be nothing left to be corrupt about.

>Without private property to accumulate or a state apparatus to capture, the reasoning goes, there would simply be nothing left to be corrupt about.

Right, it becomes mostly the corruption of power, and the lengths people will go to in order to retain it. It’s astonishing that is not recognized as a problem.

You must be joking right?

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