This text argues that the philosophy of complete state ownership and abolition of inheritance doesn't work due to conflicts with human nature and motivation. People want to support their children and don't want their wealth to automatically go to the state upon death. The idea of the state owning all means of production is also problematic as it goes against the natural process of allowing businesses to fail and successful ones to thrive. This centralized control leads to bloated and inefficient institutions, similar to some government agencies.
What I learned from reading The Communist Manifesto
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(00:00) Why the Communist Manifesto (03:04) Defining the Benefits of Communism (07:22) The Source of Class Divide (10:58) Reactions to the Divide (15:01) Bourgeoisie & Industry are Doomed to Fail (18:12) Abolition of Private Property (21:49) Wage Labor is Subsistence Living (23:57) The Communist Utopia (26:23) Why Would Anyone Work Hard? (28:37) Utopia vs Reality (32:50) Questionable Solutions to Real Problems
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