#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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  • 47 Comments
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  • J Lou@mastodon.socialtoAsklemmy@lemmy.mlDeleted
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    7 months ago

    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



  • J Lou@mastodon.socialtoAsklemmy@lemmy.mlDeleted
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    7 months ago

    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


  • J Lou@mastodon.socialtoAsklemmy@lemmy.mlDeleted
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    7 months ago

    When I said capitalists there I meant liberal defenders of capitalism.

    A market economy of worker coops has private property, so can’t be socialist. Market socialism is a misnomer and unnecessarily associates with a label people already have preconceived notions about @asklemmy


  • J Lou@mastodon.socialtoAsklemmy@lemmy.mlDeleted
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    7 months ago

    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.mlDeleted
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    7 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



  • Our major difference is terminological.
    What I mean by abolishing the employer-employee relationship is the legal system protecting workers’ inalienable rights and mandating worker coops. In a worker coop, all workers are jointly self-employed. Your firm sounds more ethical than the norm under capitalism.

    If I were starting a firm, all workers would have equal voting shares. These shares would be inalienable. Non-voting preferred stock would be treated as tradable property @actual_discussion


  • Capitalism is a problem even if some social problems could in principle be addressed with reforms. Even in an idealized capitalism, there would still be one major human rights violation at the heart of it, the employer-employee contract. The mismatch between legal and factual responsibility inherent in this contract necessitates abolishing it, which would be an abolition of capitalism.

    A maximum income would disincentivize investment from the wealthiest. Minimum wage is good


  • I am a liberal, so I support equality before the law. The difference between economic democracy and capitalism is that the legal system would protect the inalienable right to workers’ control (see other comments here). This would be an extension of the recognized inalienable right to democracy into the economy. All firms would be structured as democratic worker coops.
    There is no right to deny others’ rights.

    How is anti-capitalism different from opposing other unjust power?


  • Correlation doesn’t imply causation. The reason past non-capitalist societies failed was they were based on an anti-market communist ideology. This led to them failing to apply market mechanisms in situations where they were useful and liberating. This feature is not inherent to opposing capitalism. Opposing the power of capital owners and workplace unfreedom of the undemocratic employment relationship is compatible with and enhances democracy, human rights and freedom


  • The workers in a firm are jointly de facto responsible for using up the inputs to produce the output. In capitalism, the employer solely holds the produced outputs and liabilities for used-up inputs. This violates the principle that legal and de facto responsibility should match. Here, there is an inalienable right, which means it cannot be given up even with consent, of workers. This right is only secured if all firms are worker coops where both types of responsibility match





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