J Lou
An #EconomicDemocracy is a market economy where most firms are structured as #WorkerCoops.
- 46 Posts
- 88 Comments
J Lou@mastodon.socialOPto politics @lemmy.world•A distraction from the election: The case for employee-owned companies41·8 months agoAny company that receives government subsidies or is bailed out because it’s too big too fail or whatever the reason should be mandated to become a worker coop
J Lou@mastodon.socialOPto politics @lemmy.world•A distraction from the election: The case for employee-owned companies9·8 months agoThe founders can hold more or all non-voting preferred stock in the worker coop to represent their larger stake and investment. They can also use a separate corporation, which only the founders own, with no employees to hold their capital and then lease it the worker coop
J Lou@mastodon.socialOPto politics @lemmy.world•A distraction from the election: The case for employee-owned companies4·8 months agoIt would definitely be easier in an economy where this was the only way of doing things.
I am not a lawyer.
Based on the underlying economic theory and ethical arguments for worker coops/employee-owned companies, what you could do in such a situation is make a separate legal entity for the worker coop, and then lease the assets of the current legal entity to the worker coop. You and your partner maintain exclusive ownership of the original legal entity
That sentence has a presupposition. The sentence I used can be fully formalized in a logic with predicates for knowledge of an entity and truth
“This sentence contains 2 words” is a sensible sentence. It has 5 words, so what the sentence says is false.
The self-reference in the sentence is similar to that of the Liar’s paradox. Cousins of that paradox have been used to prove major limitative results in mathematical logic such as
https://en.wikipedia.org/wiki/Tarski%27s_undefinability_theorem
https://en.wikipedia.org/wiki/Gödel%27s_incompleteness_theorems
In usual logic, a false sentence implies every sentence.
https://en.wikipedia.org/wiki/Material_conditional
Also, if sentence P is false, then “P is false” is true
It is a paradox if you believe there are omniscient beings. If there are no omniscient beings, there is no paradox. The sentence is either true or false. If the sentence is true, we have an omniscient being that lacks knowledge about a true statement. Contradiction. If it is false, there is an omniscient being that knows it to be true. This means that the statement is true, but the statement itself says that no omniscient being knows it to be true. Contradiction.
Self-referential paradoxes are at the heart of limitative results in mathematical logic on what is provable, so it seems plausible a similar self-referential statement rules out omniscience.
Greek gods are gods in a different sense than the monotheistic conception of god that is omniscient, omnipotent and omnibenevolent. Sure, so the argument I give only applies to the latter sense.
If we assume that god, by definition, must be omniscient, there is actually a way to disprove the possibility with the following paradox:
This sentence is not known to be true by any omniscient being.
There are also more traditional arguments like the problem of evil
J Lou@mastodon.socialOPto Socialism@beehaw.org•What are your thoughts on liberal anti-capitalism and reclaiming liberalism for the radical left?3·11 months agoHere 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/
"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
J Lou@mastodon.socialto Humanities & Cultures@beehaw.org•The results of the biggest study on guaranteed income programs are finally in1·1 year agoIf 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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.252·1 year agoI 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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.252·1 year agoEmployment 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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.252·1 year agoThe 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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.251·1 year agoThank 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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.251·1 year agoI’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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.251·1 year agoAn 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
J Lou@mastodon.socialto politics @lemmy.world•It has now been 15 years since the federal minimum wage rose to $7.251·1 year agoWorkers 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
Capitalism is a system of property relations and labor relations. It is conceivable to not have those property relations and labor relations in a firm. However, a corporation doesn’t do that as the employer solely appropriates the entire positive and negative result of production i.e. the property rights to the produced outputs and liabilities for the used-up inputs. In a worker coop, the workers jointly appropriate the fruits of their labor. Capitalist property relations aren’t present @memes
A variant of this should replace non-profit tax exemptions and all campaign finance rules.
The way to prevent bribing is secret and anonymous contributions. You could, for example, imagine including these contributions to your favorite media and FOSS organizations as part of your ballot.
This could be implemented by a federation of worker coops to fund local public goods that all the member coops benefit from with the matching pool coming from membership fees and Harberger leases
@socialism