#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

  • 31 Posts
  • 103 Comments
Joined 1 year ago
cake
Cake day: July 18th, 2023

help-circle






  • If you look at property rights, the contrast is even stronger. The employer owns 100% of the property rights to the produced outputs and owes 100% of the liabilities for the used-up inputs. Meanwhile, workers qua employee receive 0% of both. This is despite their joint de facto responsibility for producing those results violating the basic principle of justice.

    We need to move towards a copyfarleft model that considers the rights of both software users and developers unlike copyleft




  • That’s why you use the revenue derived to fund a UBI. Then, there would be a safety net, which could potentially be used to partially cover one’s land value tax obligations. As land becomes more valuable it is important that people use it more productively. Land value tax encourages building denser and reduces urban sprawl.

    Many people rent housing. The key advantage of a land value tax is that landlords are unable to pass it on to tenants. They have to take the hit.

    @socialism




  • Employers steal the entire fruits of your labor as well. The fruits of workers’ labor consist of the liabilities for the used-up inputs combined with the property rights to the produced output. Both of these are entirely held by the employer. This assignment violates the ethical principle that legal and de facto responsibility should match. You and your fellow workers are jointly de facto responsible for producing the product, but the employer has sole legal responsibility for it
    @lemmyshitpost


  • There are ideologies that believe control rights over firms belong to the workers in those firms. In these ideologies, the control rights can’t be given up or transferred even with consent from the workers in the firm i.e. are inalienable. Neoliberalism specifically endorses the alienability control rights over firms. The non-democratic nature of the firm under neoliberal capitalism creates a class used to democratically unaccountable power











  • You’re right that wasn’t very clear.

    Capitalism is exploitative due to the employment contract not non-worker capital ownership. The employment contract is bad because it gives the employer 100% of the property right to the produced output (i.e. ownership of new cars in a car firm) and 100% of the liabilities for the used-up inputs (i.e. factory machine services) while employees get 0%. The workers don’t create the output out of nothing they use input materials @lemmyshitpost


  • The payment to investors in this case isn’t based on a non-worker solely appropriating the fruits of labor. The payment is satisfaction of the liability workers jointly appropriate as part of the negative product. Paying covers the costs of the negative product. It is compensation to the investors for the capital they supplied and the work they did building up that much capital @lemmyshitpost


  • The workers aren’t exploited in a worker coop. The workers jointly appropriate the positive and negative fruits of their labor. The workers don’t create the product ex nihilo they use up inputs (e.g. the services of capital). Paying lease is satisfaction of liabilities for using up capital services. Leasing out labor’s product allows workers to sell a part of the product’s services rather than sell the entire product. The employment contract gives the employer the product @lemmyshitpost


  • The point is not necessarily about profit rather about what the profit comes from namely the positive (property rights to produced outputs) and negative product (liabilities for used-up inputs), which together are the whole product. A basic tenet of justice that capitalism violates is that legal and de facto responsibility should match. In a worker coop, the workers are held jointly legally responsible for the whole product matching their de facto responsibility for producing it @lemmyshitpost


  • There is no reason why only workers should own the means of production nor why the means of production a firm uses must be owned by the workers of the same firm. Leasing out means of production to other firms is a perfectly valid way for worker coops to exchange products of labor. What is illegitimate is the employment contract as it violates inalienable rights. There are distributive justice and efficiency arguments for common ownership of capital, but that includes non-workers