Competition is inherent to our existence. Not everybody can have a house of gold or even live on the coast. How do you allocate scarce resources? Competition is everywhere.
Nationalizing supplies only hides the true prices and will create a grey market for undervalued goods. Problem is that most goods will be overvalued because, as you write, only capitalists are incentiviced to reduce costs.
No leadership can overcome the misalignment of incentives. The sovjet union could have had better leaders but which resources can they use if managers don't dare to cut costs?
Coops can be more competitive when workers understand that they are not only compensated with money to consume but also influence. At least the unemployed should be willing to participate.
If workers cannot be motivated to support coops, how can socialism be sustained?
Thank you for that analysis.
Right, you didn't write that. You wrote that a coop could struggle when a competitor undercuts costs.
Right now, in this channel: Consequential Efficiency https://reddthat.com/post/3221538
Coops could reduce costs easier with a lower floor than regular companies if workers participate in a long-term reward.
I believe that most people don't want socialism. But the people who do could create a network of coops and share their resources however they like.
There are many markets where businesses can be bootstrapped without capital. Why not enter those markets and have the best margins by offering the best products? There is only a limited need to cut costs if a product doesn't compete on price.