#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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  • 58 Comments
Joined 1 year ago
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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


  • Classical laborists and mutualists were anti-capitalists. Some of whom predated Marx.
    As I said, a mutualist economy or economic democracy has never existed. The modern arguments for economic democracy were first published in a book released in the 1990s. However, we have plenty of examples of worker coops and employee-owned corporations working well under capitalism. An economic democracy or mutualism differs from capitalism in that all firms are mandated to be worker coops

    @whitepeopletwitter







  • I am a mutualist as well. I just use the term, economic democracy as David Ellerman calls it, instead because mutualism doesn’t seem as clear. Also, mutualism has anarchist connotations, which I am sympathetic to, but I believe the movement to abolish capitalism should be broader than anarchism.

    In other words,

    anarchist economic democracy = mutualism

    @196


  • 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



  • J Lou@mastodon.socialtoScience Memes@mander.xyzEat lead
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    12 days ago

    It is a paradox if you believe there are omniscient beings. If there are no omniscient beings, there is no paradox. The sentence is either true or false. If the sentence is true, we have an omniscient being that lacks knowledge about a true statement. Contradiction. If it is false, there is an omniscient being that knows it to be true. This means that the statement is true, but the statement itself says that no omniscient being knows it to be true. Contradiction.

    @science_memes


  • J Lou@mastodon.socialtoScience Memes@mander.xyzEat lead
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    12 days ago

    Self-referential paradoxes are at the heart of limitative results in mathematical logic on what is provable, so it seems plausible a similar self-referential statement rules out omniscience.

    Greek gods are gods in a different sense than the monotheistic conception of god that is omniscient, omnipotent and omnibenevolent. Sure, so the argument I give only applies to the latter sense.

    @science_memes


  • Capitalism and authoritarian Marxist-Leninist states are not the only alternatives. There are other alternatives like Georgist economic democracy. In such a system, everyone would be either individually or jointly self-employed while receiving their share of the value derived from natural resources

    @196