#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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Joined 1 year ago
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Cake day: July 18th, 2023

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  • I’m not a socialist, but what I advocate for is explicitly postcapitalist.

    Some postcapitalist policies include

    - All firms are mandated to be worker coops similar to how local governments are mandated to be democratic
    - Land and natural resources are collectivized with a 100% land value tax and various sorts of emission taxes etc
    - Voluntary democratic collectives that manage collectivized means of production and provide start up funds to worker coops
    - UBI

    @leftymemes


  • Econ 101 is designed to obfuscate the real issues. Even talking about specific wealth distribution ratios is falling for the misframing of the issues that Econ 101 wants to lead people into with the pie metaphor. In the capitalist firm, the employer holds 100% of the property rights for the produced outputs and liabilities for the used-up inputs while workers qua employees get 0% of that. The entire division of the pie metaphor in Econ 101 is based around hiding this fact

    @196


  • Who defines permitted contracts in a free market? Some right libertarians suggest that “free” markets include the “freedom” to sell labor by the lifetime or sell voting rights in the state.

    “The comparable question about an individual is whether a free system will allow him to sell himself into slavery. I believe that it would.” – Robert Nozick

    The theory that invalidates such contracts is the theory of inalienable rights. It has recently been shown to apply to capitalist employment

    @memes


  • All definitions are made up.

    This definition captures the underlying notion.that
    consensual democracy = self-government

    Here is A. Chayes making a similar point:

    “The shareholders were the electorate, the directors the legislature, enacting general policies and committing them to the officers for execution. Shareholder democracy, so-called, is misconceived because the shareholders are not the governed of the corporation whose consent must be sought.”

    Robert Dahl had a similar understanding


  • "We all declare for liberty; but in using the same word we do not all mean the same thing. With some the word liberty may mean for each man to do as he pleases with himself, and the product of his labor; while with others the same word may mean for some men to do as they please with other men, and the product of other men’s labor.” – Abraham Lincoln

    This quote captures the differing understandings and notions of liberty between these different political groups

    @linux


  • J Lou@mastodon.socialtoCommunism@lemmy.mlProtestation
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    2 months ago

    Capitalism isn’t democratic. Democracy is the mode of governance where control rights over an organization are assigned to those governed by or in it. In the capitalist firm, the workers are the ones governed by management, yet control rights lie with the employer