Production is socialised, profit is privatised

Came across this idea from Breht O'Shea: Revolutionary Left Radio: Challenging Capitalism: Envisioning a Socialist Wor…

He said that the idea is from Engels' [[Socialism: Utopian and Scientific]].

Same idea here from [[Mariana Mazzucato]]:

What this means is that we have socialized the risk of innovation but privatised the rewards.

Five minutes with Mariana Mazzucato: "We have socialised the risk of innovati…

📖 stoas

public document at doc.anagora.org/production-is-socialised-profit-is-privatised
video call at meet.jit.si/production-is-socialised-profit-is-privatised

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