this post was submitted on 13 Jan 2025
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If you can imagine a global unified credit union, where everyone is equal, with better benefits than traditional banks, you've essentially removed capitalists from banking - think about that. You could do the same with other essential industries like education, healthcare, food etc.
I understand the concept, the problem is with implementing it from where we are now, and proving that energy would not be better applied via revolution and implementing Socalism. Your thought process is along the same lines as the Utopian Socialists like Owen, who tried to convince people but ultimatley failed. The reason Marxism has a much better track record is because of Scientific Socialism, which is based on analyzing how to get from here to there. I recommend reading Socialism: Utopian and Scientific.