#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

  • 19 Posts
  • 187 Comments
Joined 1 year ago
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Cake day: July 18th, 2023

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  • 4/5

    It is irrelevant that some workers don’t want to be held responsible for the positive and negative results of their actions (the whole result of production). Responsibility can’t be transferred even with consent. If an employer-employee cooperate to commit a crime, both are responsible. This argument is establishes an inalienable right i.e. a right that can’t be given up or transferred even with consent like political voting rights today


  • 3/5
    The idea that the employer is production’s whole result’s just appropriator due to the risk they bear is tautological and circular reasoning. Risk, in this case, refers to bearing the liabilities for used-up inputs, which is production’s whole result’s negative component. It ignores the joint de facto responsibility of workers in the firm for using up inputs to produce. By the norm of legal and de facto responsibility matching, workers should get the whole result of production



  • 1/5

    Worker coops can have managers. Managers’ interests can be aligned with the long term interests of the firm by giving them non-voting preferred shares as part of their compensation. Managers will make sure workers they are managing perform. The difference is that these managers are ultimately accountable to the entire body of workers and are thus their delegates.

    Profits/wages don’t have to be divided equally among workers.

    I’m going to use multiple toots since I’m on Mastodon


  • Your reforms sound good, but aren’t pragmatic. Today’s system requires you to have lobbyists to push an agenda through. Who is going to fund the lobbyists to make these reforms happen.

    Also, even in an ideal capitalism, there is still an injustice at the heart of the system. The employer-employee contract violates the tenet of legal and de facto responsibility matching. The workers are jointly de facto responsible for production, but employer is held solely legally responsible.

    @technology












  • "We all declare for liberty; but in using the same word we do not all mean the same thing. With some the word liberty may mean for each man to do as he pleases with himself, and the product of his labor; while with others the same word may mean for some men to do as they please with other men, and the product of other men’s labor.” – Abraham Lincoln

    This quote captures the differing understandings and notions of liberty between these different political groups

    @linux




  • I would argue that all employment contracts are terrible due to their violation of the principle that legal and de facto responsibility should match. De facto responsibility is de facto non-transferable, so there is no way for legal and de facto responsibility to match in an employment contract. Instead, workers should always be individually or jointly self-employed as in a worker coop

    @asklemmy


  • The employer-employee contract

    It violates the theory of inalienable rights that implied the abolition of constitutional autocracy, coverture marriage, and voluntary self-sale contracts.

    Inalienable means something that can’t be transferred even with consent. In case of labor, the workers are jointly de facto responsible for production, so by the usual norm that legal and de facto responsibility should match, they should get the legal responsibility i.e. the fruits of their labor

    @asklemmy