• Keeponstalin@lemmy.world
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    6 days ago

    You fundamentally misunderstanding capitalism if that’s what you think.

    Profit exists in both modes of production. The difference is that in a capitalist mode, workers are over-exploited to maximize profit for the owner. In a socialist mode, workers are not over-exploited and the profit is shared between the workers. In a capitalist mode, increasing profits are prioritized above all else, while wages are minimized as much as possible. In a socialist mode, workers decided democratically how much to put towards their wages and how much to reinvest back into the business; increasing profits year over year is not the priority, the well-being of the workers and business is.