#liberal #anticapitalism

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

#liberalism
#coops #cooperatives

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Joined 2 years ago
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Cake day: July 18th, 2023

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  • I agree with most of your points except the points about worker democracy. Being able to exit is not the same as having voice and exit, which is what worker democracy involves. The employer is not a workers’ delegate. Their managers manage the firm in the employer’s name. The employer appropriates 100% of the positive and negative product of the firm. The workers are de facto responsible for creating the product. This violates the principle that legal and de facto responsibility match




  • If given a choice between democratically elected politicians and unaccountable dictators and autocrats, I would choose politicians.

    By capitalism, I mean specific institutions. I have specific solutions in mind such as recognizing the inalienable right to workplace democracy, and common ownership of land, natural resources, and the means of production.

    Land’s inelastic supply, which can only be solved by socializing it, plays a role in housing costs.

    Work issues remain unsolved by those two



  • Workers should be able to realize the value of what they produce in basically getting the pure profits of the firm.

    Value doesn’t get to the heart of the matter. Property rights to positive and negative fruits of labor do. When you consider what taking on the risk and initiative means in this context, it is really taking on the negative fruits of labor (liabilities for used-up inputs). Workers should get both the positive and negative fruits of their labor, and take the initiative