#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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Cake day: July 18th, 2023

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  • 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


  • 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





  • Perhaps, but there isn’t a good reason to place such a restriction on worker co-ops. Worker co-ops shouldn’t be forced to buy the entire thing when a segment of its services would do.

    Liberals as a group tend to support capitalism. Liberalism as a political philosophy can have implications that claimed adherents don’t endorse. After mapping out all the logical implications of liberal principles, it becomes clear that coherent liberalism is anti-capitalist @asklemmy



  • Worker co-ops don’t necessarily have full worker ownership of the means of production because a worker coop can lease means of production from a third party. It is not socialist. Nor do I mean to suggest it is capitalist. It can’t be capitalism as it has no capitalists as you correctly point out. Since you recognize that it is technically correct to say a worker co-op market economy has private property, you recognize

    Capitalism ≠ private property @asklemmy



  • The normative basis of private property, which capitalists claim to adhere to, is people’s inalienable right to appropriate the positive and negative fruits of their labor. Capitalism routinely violates this principle in the employment contract. Satisfying the principles of private property would require that all firms be worker cooperatives. The principles of liberalism imply anti-capitalism. It is entirely compatible to be a liberal and an anti-capitalist @asklemmy



  • J Lou@mastodon.socialtoAsklemmy@lemmy.ml*Permanently Deleted*
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    9 months ago

    Many liberals are anti-worker, but the political philosophy of liberalism is not inherently anti-worker. Liberal anti-capitalists like David Ellerman illustrate this using liberal principles of justice to argue for a universal inalienable right to workers’ self-management and abolition of the employer-employee relationship @asklemmy




  • Capitalism is the opposite of democracy. In a capitalist firm, the managers are not accountable to the governed (i.e. workers). The employer is not a delegate of the workers. They manage the company in their own name not in the workers’ name. Managers do not have to have dictatorial control. It is entirely possible to have management be democratically accountable to the workers they govern as in a worker cooperative.

    Capitalism v. Communism is a false dilemma. There are other options.


  • J Lou@mastodon.socialtoMemes@lemmy.mlCome on Barbie lets go Party
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    9 months ago

    Capitalism is not just when the means of production are owned by individuals. For example, in an economy where all firms are democratically-controlled by the people that work in them, the means of production can be owned by individuals, but such an economy is not capitalist because exploitative property relations associated with capitalism are abolished


  • J Lou@mastodon.socialtoMemes@lemmy.mlCome on Barbie lets go Party
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    9 months ago

    Socialism is not when the government does stuff, so those institutions are not examples of socialism. Anti-capitalists are arguing for the complete abolition of exploitative capitalist property relations that violate workers’ human rights.

    This is a false dilemma. There are other alternatives to capitalism besides communism. It is entirely possible to have a non-capitalist non-communist system (e.g. an economy where every firm is democratically-controlled by the people that work in it)


  • J Lou@mastodon.socialtoMemes@lemmy.mlCome on Barbie lets go Party
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    9 months ago

    This understanding of capitalism is a misunderstanding that both Marxists and neoclassical types share. It is not capital ownership that gives the employer the right to appropriate a firm’s whole product. The employment contract is what gives them that right. Sure, capital ownership affects bargaining power, but the root cause is that contract. Abolishing the employment contract while still having individual ownership is possible (i.e. a market economy of worker coops)