#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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  • 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


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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)


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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)



  • J Lou@mastodon.socialtoMemes@lemmy.ml"Is this a job?"
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    1 year ago

    LVT taxing the empty lot next door at the same rate as a multimillion dollar hotel is exactly what makes it so efficiency enhancing because it give land owners economic incentives to use their land productively rather than just holding it and waiting for it to appreciate in value. With LVT, prices would exclude the value of the land.

    LVT can be combined with other policies and taxes. You have to look at the whole package of policies to determine progressivity. LVT+UBI is progressive


  • J Lou@mastodon.socialtoMemes@lemmy.ml"Is this a job?"
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    1 year ago

    It meets the definition of a progressive tax.

    The broader Georgist program involves aggressive taxation of government-granted monopolies like IP, which both Musk and Bezos are indirectly beneficiaries of.

    LVT is 1 policy meant to solve 1 problem. It can be combined with other policies that address other problems.

    The labor theory of property, a negative application of which provides a moral rationale for LVT, also provides a justification for an inalienable right to worker democracy


  • J Lou@mastodon.socialtoMemes@lemmy.ml"Is this a job?"
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    1 year ago

    Land value tax is progressive. Due to land’s inelastic supply, this tax cannot be passed on to others. People that own lots of land bear the entire burden of the tax. Charging for unimproved land value encourages building denser on more valuable land. This increases housing supply thus making housing more affordable

    LVT is 1 policy. It can be combined with other policies. LVT is not an avoidable tax


  • J Lou@mastodon.socialtoMemes@lemmy.ml"Is this a job?"
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    1 year ago

    Private ownership of labor implies the ability to alienate and transfer it for present or future benefits. Such a procedure is not possible because labor is de facto non-transferable. People can have private ownership over the products of labor, but they cannot own their labor because labor is inalienably theirs