the important thing is not socialism: it’s a government that deals with negative externalities
socialism tends to do better at that simply because often it often does better at long-term planning (but that’s not a given either), but capitalism without corporate bullshit, stock markets, etc (ie actual ownership over a business rather than just ownership over a vague thing where you’re only concerned with line goes up not long term business health) has pretty much the same drivers: long term sustainability and this holding others to account for their negative externalities
What you describe as “corporate bullshit” and “stock markets” are just a symptom of later stages of Capitalism. You cannot maintain the small stages forever, eventually they will coalesce into large firms and syndicates. You can’t simply bust up monopoly either, manufacturing gets so complex that it needs to be done by large companies to handle the scale.
This process doesn’t stop, though, it becomes better and more efficient to publicly own and plan these large firms as they get larger and larger. This is why Socialism is a necessity regardless.
the important thing is not socialism: it’s a government that deals with negative externalities
socialism tends to do better at that simply because often it often does better at long-term planning (but that’s not a given either), but capitalism without corporate bullshit, stock markets, etc (ie actual ownership over a business rather than just ownership over a vague thing where you’re only concerned with line goes up not long term business health) has pretty much the same drivers: long term sustainability and this holding others to account for their negative externalities
What you describe as “corporate bullshit” and “stock markets” are just a symptom of later stages of Capitalism. You cannot maintain the small stages forever, eventually they will coalesce into large firms and syndicates. You can’t simply bust up monopoly either, manufacturing gets so complex that it needs to be done by large companies to handle the scale.
This process doesn’t stop, though, it becomes better and more efficient to publicly own and plan these large firms as they get larger and larger. This is why Socialism is a necessity regardless.