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 Originally Posted by OngBonga
Furthermore, it can surely be argued that if the workers own the means of production (a core aspect of socialism) then they will be more incentivised than an employee who merely earns a wage.
Workers have the freedom to own the means of production in capitalism. Do you think that perhaps this would be more common if it worked better?
Socialism can be argued to pass the incentive from the top to the bottom. Coco makes a solid point... employees lack the profit incentive, their main incentive is fear of losing their job, which is a negative incentive. How do you give them more incentive? By either giving them performance related bonuses, or by giving them a financial stake in the business.
Watch the frame.
The main incentive of a laborer is making a wage to buy things he wants. Framing it as not wanting to lose his job is painting with a brush of dysphemism.
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