#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

  • 18 Posts
  • 209 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











  • Because most liberals don’t consistently apply their own principles. A principle that liberals are inconsistent with is the juridical principle of imputation, the norm of legal and de facto responsibility matching. They ignore this norm’s routine violation in the capitalist firm. Here, despite the workers joint de facto responsibility for production, the employer is solely legally responsible for 100% of the positive and negative results of production while workers as employees get 0%

    @asklemmy



  • 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


  • "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