#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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  • 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


  • "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










  • Whether there is a power imbalance between customer and provider is dependent on how competitive the market is. When providers have market power, consumers can form associations to collectively bargain down providers’ prices.

    Is there an enshittification example without IP?
    Enshittification usually happens with monopolistic firms not competitive markets.

    What would you replace markets with specifically?

    Quadratic funding lets public goods be free. I can’t see how it’s extractive @memes


  • The only way incentives based on outcome work is when people produce directly for their own use. For cases where people produce for others, the profit motive helps coordinate people to produce. Power imbalances can be avoided by collectivizing means of production across multiple coops.

    Enshittification requires IP monopolies. Economic democracy shouldn’t have IP monopolies. Instead, it should secure software freedom. Digital public goods should be funded through quadratic funding @memes





  • I know how leftists define it, but when communicating with non-leftists, it doesn’t help in understanding the economic democracy position.

    1. Central planning with no markets whatsoever is extremely inefficient
    2. The existing proposals for central planning are authoritarian and don’t allocate resources properly to new projects.

    The strongest critique of a system is that the ideology used to justify it, after mapping out its logical implications, is actually opposed to it @memes


  • When people think of socialism they think of central planning in an authoritarian government, this has nothing to do with economic democracy and is its opposite.

    I prefer the term economic democracy for the system I advocate.

    It’s not just optics. The arguments for economic democracy are based on the liberal theory of inalienable rights. These arguments demonstrate that capitalism is illiberal and violates liberal principles @memes