#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

  • 26 Posts
  • 78 Comments
Joined 2 years ago
cake
Cake day: July 18th, 2023

help-circle





  • J Lou@mastodon.socialto196@lemmy.blahaj.zoneAnarchist Rule
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    5 months ago

    I am a mutualist as well. I just use the term, economic democracy as David Ellerman calls it, instead because mutualism doesn’t seem as clear. Also, mutualism has anarchist connotations, which I am sympathetic to, but I believe the movement to abolish capitalism should be broader than anarchism.

    In other words,

    anarchist economic democracy = mutualism

    @196


  • J Lou@mastodon.socialto196@lemmy.blahaj.zoneAnarchist Rule
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    5 months ago

    I am an anti-capitalist.

    To get rid of capitalism, you don’t have to abolish absentee ownership of capital. A worker coop can lease capital from third parties and remain a non-capitalist democratic worker coop. Abolishing capitalism just requires abolishing the employment contract and common ownership of land and natural resources. Without the employment contract, everyone is either individually or jointly self-employed, so every firm is a worker coop

    @196


  • Capitalism and authoritarian Marxist-Leninist states are not the only alternatives. There are other alternatives like Georgist economic democracy. In such a system, everyone would be either individually or jointly self-employed while receiving their share of the value derived from natural resources

    @196







  • 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
    link
    fedilink
    arrow-up
    14
    arrow-down
    2
    ·
    8 months ago

    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










  • The challenges you mention don’t really refute the main arguments for worker coops, inalienable rights theory, even if they were unsolvable problems that couldn’t be solved no matter what other changes were made. Economic democracy aims for workers to get the positive and negative fruits of their labor in property rights terms not value. This is based on the tenet that legal and de facto responsibility should match. Capitalist firms don’t satisfy this basic tenet. They are thus illegitimate @196


  • Capitalism v. communism is certainly a false dilemma. There are other alternatives such as Georgism as you noted. I would go further and advocate a Georgist economic democracy where all firms are structured as worker coops. Similar to the problem you identify with capitalism in that it fails to treat land and capital differently, the mainstream of Georgist thought fails to differentiate labor from capital in an important respect. Labor can’t factually be transferred unlike capital @196