An #EconomicDemocracy is a market economy where most firms are structured as #WorkerCoops.
David Ellerman’s modernization of the classical laborists’ argument against capitalism is significantly more powerful than modern Marxism.
Marx’s claim that private property is the root of capitalist appropriation has been disproven in modern theories of capitalism’s property rights structure. Private property plays a role in giving bargain power to get favorable terms, but the ultimate legal basis of capitalist appropriation is the employer-employee contract
Postcapitalist systems can use market prices and, in principle, be Pareto optimal on non-institutionally described states of affair
Market economies aren’t exclusive to capitalism. A postcapitalist society could use markets in some places.
It is capitalism’s defenders, who are unscientific. Basic facts are unmentionable to capitalism’s supporters. The fact that only persons can be responsible and things no matter how causally efficacious can’t be responsible for anything is unmentionable in an economic context. The employer’s appropriation of 100% of the positive and negative fruits of labor is obfuscated
"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
If you emphasize giving workers what they literally produce instead of its value, the contrast is even greater. With value, you are still emphasizing the pie metaphor, which capitalist economists invented to obfuscate the real issues. In terms of property rights to the produced outputs and liabilities for the used-up inputs, workers qua employees get 0% while employers qua employer get 100%. In the property theoretic terms, workers don’t get the fruits of their labor at all
@humanities
This would be joint self-employment as in a worker coop
I would argue that all employment contracts are terrible due to their violation of the principle that legal and de facto responsibility should match. De facto responsibility is de facto non-transferable, so there is no way for legal and de facto responsibility to match in an employment contract. Instead, workers should always be individually or jointly self-employed as in a worker coop
I made a post in this community of a moral argument for mandating employee-owned companies. It isn’t based on a gut feeling. It is based on the theory of inalienable rights. Here is a link to that post:
Can you give an example in the case where investors hold non-voting preferred shares?
I’m not sure how cross posting works from Mastodon to Lemmy. I thought I had to do that to get boosted by the group
The employer-employee contract
It violates the theory of inalienable rights that implied the abolition of constitutional autocracy, coverture marriage, and voluntary self-sale contracts.
Inalienable means something that can’t be transferred even with consent. In case of labor, the workers are jointly de facto responsible for production, so by the usual norm that legal and de facto responsibility should match, they should get the legal responsibility i.e. the fruits of their labor
Why do investors defeat the whole purpose? @general
I agree that employment is voluntary in the legal sense. Voluntary transaction occur if both parties perceive that they will benefit from the arrangement. The problem is that responsibility can’t be transferred.
You know that there is no de facto transfer of de facto responsibility happening in the employment contract. If you thought that a transfer of de facto responsibility occurs in employment, you would think that the employer is solely legally responsible for crimes committed
Employment is a voluntary transaction, but there has to be some corresponding factual transfer to actually fulfill the contract. No such de facto transfer of de facto responsibility occurs to match the assignment of legal responsibility in the employment contract. The contract is not ever fulfilled nor is it, in principle, fulfillable. The only arrangement where legal and de facto responsibility match is a worker coop. Labor is nontransferable at a factual level. You accepted as much
The tenet that legal and de facto responsibility match, when applied to property theoretic questions, is the tenet that people have an inalienable right to appropriate the positive and negative fruits of their labor. The latter is the principled basis of property rights. Since employment violates the former principle, it also violates the latter. Employment contracts violate property rights’ principled basis.
Labor isn’t transferable.
The foundations of capitalism need destroying
Thank you for making my argument for me. Now, what morally relevantly changes when workers cooperate to produce a widget on behalf of the employer instead of committing crimes for the employer? Do they become non-conscious non-responsible robots? No.
Legal responsibility matching de facto responsibility implies that all firms should be mandated to be worker coops, and rules out employer-employee contracts. In worker coops, the workers are jointly legally responsible for the results
While many socialists supported worker coops in the interim, an economy of exclusively worker coops comes more so from the classical laborists such as Proudhon.
I’m aware of the standard line.
De facto responsibility can’t be transferred from the employees solely to the employer to match the legal responsibility assignment in the employer-employee contract. A thought experiment showing this is to consider an employer and employee cooperating to commit a crime. The employee can’t argue that they sold their labor, and are not responsible. The law correctly applies the principle of legal and de facto responsibility matching. Both are criminous
An employer, in principle, can hire both labor and capital, so they don’t have to own capital. In practice, employers tend to be corporations that own capital due to bargaining power.
Workers consent to employment terms, but they can’t fulfill them. The problem is that consent is not a sufficient condition to transfer de facto responsibility.
Abolishing employment doesn’t infringe on property rights. Employment contracts infringe on labor’s property rights to the fruits of labor
@politics
Workers are de facto responsible for creating the opportunities that employers gate keep. Employers violate workers’ inalienable rights. The workers are de facto responsible for using up inputs to produce outputs, but the employer gets sole legal responsibility for the positive and negative results of production. This violates the principle that legal and de facto responsibility should match.
No one is responsible for creating land. Landlords deny everyone’s equal claim to land
I’ll write one. The talk argues that employment contract is invalid due to inalienable rights. Inalienable means can’t be given up even with consent. Workers’ inalienable rights are rooted in their joint de facto responsibility in the firm for using up inputs to produce outputs. By the norm that legal and de facto responsibility should match, workers should get the corresponding legal responsibility, but in employment, workers as employees get 0% while employer gets 100% of results of production