#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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  • The idea is to mandate worker coop structure on all firms.

    It’s not that telling. Without a worker coop mandate, there are collective action problems and market failures. It’s harder for all the workers to cooperate to form a worker coop than an employer to hire up all the workers.

    No society has a full worker coop mandate because the modern arguments for it were published in the 90s. Some countries do mandate some worker board representation and codetermination though
    @canada





  • Capitalism is indefensible from a libertarian perspective. A central libertarian tenet is that legal and de facto responsibility should match. However, the capitalist employer-employee contract inherently involves a violation of this tenet. The employer gets 100% of the legal responsibility for the positive and negative results of the enterprise. Despite workers’ joint de facto responsibility for using up inputs to produce outputs, workers as employees get 0%

    @canada



  • I am an anti-capitalist.

    To get rid of capitalism, you don’t have to abolish absentee ownership of capital. A worker coop can lease capital from third parties and remain a non-capitalist democratic worker coop. Abolishing capitalism just requires abolishing the employment contract and common ownership of land and natural resources. Without the employment contract, everyone is either individually or jointly self-employed, so every firm is a worker coop

    @196







  • 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