Private ownership ≠ capitalism. Monopoly is a critique of free market capitalism, which naturally leads to a concentration of wealth for those who hold all the assets. Giving people ownership of their own data would help redistribute that wealth in a more equitable way.
No, it won’t fix the underlying problem of Capitalism, but it would at least be a step in the right direction.
Right. It’s private ownership of capital; aka the means of production. You’re saying that data should be owned because it can be used productively. That’s exactly capitalism for capitalism’s sake.
This is a typical economically right-wing approach. There is a problem, so you just create a new kind of property and call it done. The magic of the market takes care of it, or something. I don’t understand why one would expect a different result from trying the same thing.
The solution for capitalism is more capitalism? Have you never played monopoly?
Private ownership ≠ capitalism. Monopoly is a critique of free market capitalism, which naturally leads to a concentration of wealth for those who hold all the assets. Giving people ownership of their own data would help redistribute that wealth in a more equitable way.
No, it won’t fix the underlying problem of Capitalism, but it would at least be a step in the right direction.
Right. It’s private ownership of capital; aka the means of production. You’re saying that data should be owned because it can be used productively. That’s exactly capitalism for capitalism’s sake.
This is a typical economically right-wing approach. There is a problem, so you just create a new kind of property and call it done. The magic of the market takes care of it, or something. I don’t understand why one would expect a different result from trying the same thing.
The point of it is to redistribute wealth using the existing capitalist framework, which is a left-wing endeavour.