Here is a short introduction to the core argument against capitalism based on liberal principles: https://www.ellerman.org/inalienable-rights-part-i-the-basic-argument/

@socialism

The root of the loss of community that everyone feels is capitalism’s total emphasis on institutional logics of exit that make everything extremely transactional while completely ignoring the dual institutional logic of commitment, cooperation and voice. Community emphasizes the latter. We need communities based around shared property, mutual aid and collective action. Incidentally, having such communities could help solve some public goods problems in a non-state manner and be more egalitarian

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

You called centrists framing the debate about capitalism as one of consent vs. coercion a strawman then accepted the framing. Democratic theory requires consent. It just also requires consent to delegate ruling out consent to alienate management/governenance rights justified by inalienable rights.

Stable employee-owned firms:
https://www.nceo.org/articles/employee-ownership-100

A country that lets people sell voting rights wouldn’t be democratic for long. Does democracy not work? Is it undesirable?

@progressivepolitics

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

@politicalmemes

Postcapitalist systems can use market prices and, in principle, be Pareto optimal on non-institutionally described states of affair

@politicalmemes

Not a strawman. There are tons of examples of framing the capitalism issue in terms of consent vs coercion. Nozick talks about capitalist acts between consenting adults etc.

Many worker coops and majority employee-owned ESOPs exist today. It works.

Democratic theory argues that contracts based on consent to alienate are inherently invalid. Since the employment system is on the “wrong” side, the original theory invalidating these contracts is ignored and forgotten

@progressivepolitics

Alienist vs inalienist refers to whether voting/control rights are transferable (alienable).

Better to say institutions based on consent to alienate vs delegate

Voting rights’ transferability with alienist systems implies inequality, but the core point is consent to alienate vs. delegate.

The employment contract is inherently an alienation contract. The workers give up and transfer the management rights to the employer and the employer manages in their own name

@progressivepolitics

Alienist refers to alienation of rights.

Alienist = completely give up and transfer control rights with the recipient ruling in their own name and not in the name of the people governed

Inalienist = revocable delegation where the people retain control rights with the delegates governing in the name of the people governed

Democratic theory draws a distinction between these 2 types of contracts, and invalidates the former

The diagram should say alienation vs. delegation

@progressivepolitics

You just mention the community in the post

@politicalmemes

What would be a more appropriate community?

@politicalmemes

Private property rests on the principle of people getting the fruits of their labor. In other words, private property appropriation has a labor-basis that capitalism denies. Capitalism violates the very principle behind private property by giving workers 0% joint claim on the positive and negative fruits of their labor

“Property is theft!” – Proudhon

The employment contract is what really enables capitalist appropriation.

I agree with your critique of capitalist liberal democracy

@socialism

Because most liberals don’t consistently apply their own principles. A principle that liberals are inconsistent with is the juridical principle of imputation, the norm of legal and de facto responsibility matching. They ignore this norm’s routine violation in the capitalist firm. Here, despite the workers joint de facto responsibility for production, the employer is solely legally responsible for 100% of the positive and negative results of production while workers as employees get 0%

@asklemmy

Private property isn’t as supportive of capitalism as it initially seems. Classical laborists (e.g. Proudhon) and their modern intellectual descendants (e.g. David Ellerman) argue that the positive and negative results of production are the private property of the workers in the firm. This argument immediately implies a worker coop structure mandate on all firms and rules out capitalism. Capitalism is so indefensible that even private property requires the abolition of capitalism

@socialism

The academic definition would be the systems of the historical Eastern Bloc countries or a hypothetical society that has somehow completely abolished commodity production

@leftymemes

Rhetorically, it doesn’t matter how I define the term. It matters how people use it.

The way I would define it is either the systems of historical Eastern Bloc countries or a hypothetical society that has somehow completely abolished commodity production

@leftymemes

Most people think

Socialism = state central planning

@leftymemes

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

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

@unpopularopinion

Did you read the article? It argues that democracy is necessary to meet the requirements of liberal procedural justice, so it isn’t just a matter of outcomes

@sneerclub