Who will provide goods and services for every individual?
Do you support slave labor or something?
Wage slavery is slave labor- Slavery is a capitalist thing.
In reality, the means of production will be owned…
Except the “working class” is not one person, but a group of individuals. “Democratically owned production” means tyranny of the majority. If you wish to guarantee rights, then you must guarantee private property.
Bullshit. Democratic ownership, coupled with a robust bill of rights to protect individuals. The only tyranny here is the actual tyranny of capitalist plutocrats, who exploit the land and labor of those in poverty for personal profit. In reality, private property is incompatible with any notion of individual rights.
What rights? The right to have food? How can you guarantee such a right without allowing anybody to own the food in the first place? What if the majority decides to produce a food that a thousand citizens are allergic to? What if the majority decides to invest all of the budget in NASA, only to leave farmers and their customers starving?
TL;DR
You put too much faith in the majority for someone who dislikes supply-demand economics.
Private property is not the same as personal property. People own should own what they use. So everyone’s house should belong to them until they stop using it, at which point we find someone else to live there and they own it.
Supply has exceeded all possible demand, our powers of production exceed everything we could ever need or want. Scarcity is illusory. We produce enough food in America alone to feed the WHOLE WORLD and one third of it is just thrown away before it has even spoiled because people can’t pay for it.
Thoughts From The Peacock Angel 