#liberal #anticapitalism

An #EconomicDemocracy is a market economy where most firms are structured as #WorkerCoops.

#liberalism
#coops #cooperatives

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Joined 1 年前
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Cake day: 2023年7月18日

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  • Econ 101 is designed to obfuscate the real issues. Even talking about specific wealth distribution ratios is falling for the misframing of the issues that Econ 101 wants to lead people into with the pie metaphor. In the capitalist firm, the employer holds 100% of the property rights for the produced outputs and liabilities for the used-up inputs while workers qua employees get 0% of that. The entire division of the pie metaphor in Econ 101 is based around hiding this fact

    @196


  • Who defines permitted contracts in a free market? Some right libertarians suggest that “free” markets include the “freedom” to sell labor by the lifetime or sell voting rights in the state.

    “The comparable question about an individual is whether a free system will allow him to sell himself into slavery. I believe that it would.” – Robert Nozick

    The theory that invalidates such contracts is the theory of inalienable rights. It has recently been shown to apply to capitalist employment

    @memes









  • Capitalism is a system of property relations and labor relations. It is conceivable to not have those property relations and labor relations in a firm. However, a corporation doesn’t do that as the employer solely appropriates the entire positive and negative result of production i.e. the property rights to the produced outputs and liabilities for the used-up inputs. In a worker coop, the workers jointly appropriate the fruits of their labor. Capitalist property relations aren’t present @memes








  • It treats persons like things by not holding them responsible for the results of their actions.

    That principle would mean that workers should jointly own the produced outputs and jointly owe the liabilities for the used-up inputs as in a worker cooperative.

    An intuition pump for the tenet would be situations where the law doesn’t fail to apply the principle. Consider an employer and employee committing a crime together.

    Consent doesn’t transfer responsibility.

    @memes



  • J Lou@mastodon.socialtomemes@lemmy.worldGhosted restaurants
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    3 个月前

    Capitalism doesn’t qualify as free market activity then. Capitalism inherently involves treating persons as things. In the firm, the workers are jointly de facto responsible (DFR) for production, but the employer gets sole legal responsibility for the positive and negative results of production. This violates the principle of legal and de facto responsibility matching. DFR isn’t de facto transferred, but legal responsibility is. Morally, this is an institutional fraud
    @memes