#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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  • 34 Comments
Joined 1 year ago
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Cake day: July 18th, 2023

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  • 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





  • The universe might be discrete.

    If mental states are finite, then the space of all possible human minds is finite and includes the one that believes they have knowledge of the computation’s result. It is possible for mental states of 2 minds to be different but extensionally behave like the same person. We would exclude human minds whose models don’t map well onto the physics of our universe though. You might not be willing to pick the opposite if we are talking about morality also @askbeehaw









  • 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








  • 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