Abolishing capitalism pre-distributes wealth so that people don’t become billionaires in the first place. 100% land value tax encourages efficient use of
This part. Having employee owned corporations doesn’t abolish capitalism completely. Although, I agree that it would be awesome.
There has never been a worker-cooperative-dominated market economy, but actually existing worker coops and employee-owned corporations don’t seem to create billionaires, and have more equitable distribution of wages.
Why does mandating all firms to be worker coops not abolish capitalism in your view?
Classical laborists and mutualists were anti-capitalists. Some of whom predated Marx.
As I said, a mutualist economy or economic democracy has never existed. The modern arguments for economic democracy were first published in a book released in the 1990s. However, we have plenty of examples of worker coops and employee-owned corporations working well under capitalism. An economic democracy or mutualism differs from capitalism in that all firms are mandated to be worker coops
https://www.nceo.org/articles/employee-ownership-100
@whitepeopletwitter
This part. Having employee owned corporations doesn’t abolish capitalism completely. Although, I agree that it would be awesome.
There has never been a worker-cooperative-dominated market economy, but actually existing worker coops and employee-owned corporations don’t seem to create billionaires, and have more equitable distribution of wages.
Why does mandating all firms to be worker coops not abolish capitalism in your view?
@whitepeopletwitter
I would suggest looking into what capitalism is before we have that conversation.
I know what capitalism is. My analysis of capitalism comes from a mutualist perspective and is inspired by the classical laborists rather than Marx
@whitepeopletwitter
Okay, in what country has the mutualist perspective inspired by the classical laborists type of capitalism worked?
Classical laborists and mutualists were anti-capitalists. Some of whom predated Marx.
As I said, a mutualist economy or economic democracy has never existed. The modern arguments for economic democracy were first published in a book released in the 1990s. However, we have plenty of examples of worker coops and employee-owned corporations working well under capitalism. An economic democracy or mutualism differs from capitalism in that all firms are mandated to be worker coops
@whitepeopletwitter