jlou

@jlou@mastodon.social

#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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jlou,

This point is even stronger if you look at property rights instead of value. The workers in a capitalist firm jointly receive 0% of the property rights to the produced outputs and 0% of the liabilities for the used-up inputs while the employer receives 100% and legally owns the produced outputs and legally owes the liabilities for the used-up inputs. This is a violation of the moral principle that legal and de facto responsibility should match

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