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,

Under postcapitalism, the factory would be commonly-owned. The company that operates the factory would worker-controlled. That being said, there is nothing wrong with the holder of the building even in common ownership setup being compensated. What is unfair is to demand control rights over the firm for this capital and make the workers at the company your employees. Not everyone against capitalism is a communist. There can still be economic incentives for productive activity

jlou,

On the part of labor. No matter how causally efficacious capital is. It can never be de facto responsible for anything because responsibility is imputed through the tools back to the workers using them.

jlou, (edited )

It doesn't have to work like that. Instead of capital hiring labor, labor can jointly hire capital and structure the firm as a worker coop. There are good ethical reasons for organizing production in a worker coop as well

jlou,

Even if we ignore the artificially increased transaction costs and hold out problems associated with private ownership that make acquiring means of production more expensive, this point only justifies some sort of compensation from the workers as part of the negative fruits of their labor in production. It does not justify the capitalist appropriating 100% of the positive (legal right to produced outputs) and negative (legal liability for the used-up inputs) fruits of the workers' joint labor

jlou, (edited )

A better case for worker cooperatives is just pointing out they satisfy the moral principle that legal and de facto responsibility should match. The workers are jointly de facto responsible for using up the inputs to produce the outputs, but in a capitalist firm, the employer holds sole legal responsibility for 100% the corresponding legal claim to the positive and negative result of the enterprise while employees receive 0%. In a worker coop, this mismatch is corrected

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