jlou

joined 2 years ago
[–] jlou@mastodon.social 1 points 8 months ago

2/2

If a worker voluntarily commits a crime for their employer, that is still inalienably their decision. Yes, the employer told them to do it, and that gave them a reason to do it, but having a reason doesn't absolve them of guilt or responsibility for their actions

@technology

[–] jlou@mastodon.social 1 points 8 months ago

1/2

A group of people is de facto responsible for a result if it is a purposeful result of their intentional joint actions. The pure application of the norm that legal and de facto responsibility match is to deliberate actions. The workers joint actions that use up inputs to produce outputs are planned and deliberate. They meet the criteria for being premeditated. The workers are not under duress in normal work, and consent to the employer-employee contract.

@technology

[–] jlou@mastodon.social 1 points 8 months ago

I'm not a socialist because I think markets are useful and haven't seen a planned economy proposal that seemed plausible. Worker co-ops and unions aren't socialism in 20th century sense because they are technically compatible with markets and private property.

An economic democracy is a market economy where all firms are worker co-ops, so I was speaking about managers in a worker co-op

@technology

[–] jlou@mastodon.social 2 points 8 months ago* (last edited 8 months ago)

5/5

Creating or joining a worker coop is a much more actionable political step that someone could take then completely transforming the government. If the worker coop movement grows big enough, it could acquire the economic power to purchase it own lobbyists to influence the political process to hopefully pass those reforms

[–] jlou@mastodon.social 1 points 8 months ago* (last edited 8 months ago) (3 children)

4/5

It is irrelevant that some workers don't want to be held responsible for the positive and negative results of their actions (the whole result of production). Responsibility can't be transferred even with consent. If an employer-employee cooperate to commit a crime, both are responsible. This argument is establishes an inalienable right i.e. a right that can't be given up or transferred even with consent like political voting rights today

[–] jlou@mastodon.social 1 points 8 months ago* (last edited 8 months ago)

3/5
The idea that the employer is production's whole result's just appropriator due to the risk they bear is tautological and circular reasoning. Risk, in this case, refers to bearing the liabilities for used-up inputs, which is production's whole result's negative component. It ignores the joint de facto responsibility of workers in the firm for using up inputs to produce. By the norm of legal and de facto responsibility matching, workers should get the whole result of production

[–] jlou@mastodon.social 1 points 8 months ago* (last edited 8 months ago) (1 children)

2/5

The empirical evidence I have seen on worker coops and employee-owned companies seems to suggest that worker-run companies are slightly more productive.

I oppose socialism as I think markets are useful. I advocate economic democracy

In an economic democracy, the employer-employee contract is abolished, so workers automatically legally get voting rights over management upon joining a firm.

[–] jlou@mastodon.social 1 points 8 months ago* (last edited 8 months ago) (2 children)

1/5

Worker coops can have managers. Managers' interests can be aligned with the long term interests of the firm by giving them non-voting preferred shares as part of their compensation. Managers will make sure workers they are managing perform. The difference is that these managers are ultimately accountable to the entire body of workers and are thus their delegates.

Profits/wages don't have to be divided equally among workers.

I'm going to use multiple toots since I'm on Mastodon

[–] jlou@mastodon.social 1 points 8 months ago (12 children)

Your reforms sound good, but aren't pragmatic. Today's system requires you to have lobbyists to push an agenda through. Who is going to fund the lobbyists to make these reforms happen.

Also, even in an ideal capitalism, there is still an injustice at the heart of the system. The employer-employee contract violates the tenet of legal and de facto responsibility matching. The workers are jointly de facto responsible for production, but employer is held solely legally responsible.

@technology

[–] jlou@mastodon.social 36 points 8 months ago* (last edited 8 months ago)

Any 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

@politics

[–] jlou@mastodon.social 2 points 8 months ago* (last edited 8 months ago)

It 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

@politics

[–] jlou@mastodon.social 1 points 8 months ago

Today's legal systems mandate that legal responsibility be non-transferable for crimes. The economic democracy position argues that legal responsibility should be generally non-transferable matching general non-transferability of de facto responsibility due to the principle of justice that legal and de facto responsibility should match. Not all mandates are authoritarian (e.g. a mandate that one must respect others' personal property). Employment violates workers' property rights

@canada

 

James Robinson, Nobel laureate in Economics: ‘You cannot achieve an inclusive economy with an authoritarian regime’

https://english.elpais.com/economy-and-business/2024-10-22/james-robinson-nobel-laureate-in-economics-you-cannot-achieve-an-inclusive-economy-with-an-authoritarian-regime.html

The economist and political scientist from the University of Chicago rejects the idea that repressive power structures will surpass the success of democratic systems, predicting that the Chinese model will eventually have to change

@politics

 

Math Is Still Catching Up to the Mysterious Genius of Srinivasa Ramanujan

https://www.quantamagazine.org/srinivasa-ramanujan-was-a-genius-math-is-still-catching-up-20241021/

Born poor in colonial India and dead at 32, Ramanujan had fantastical, out-of-nowhere visions that continue to shape the field today

@science

 

Can a sentence be both true and false in the same sense? - Dialetheism

It might seem nonsensical until one sees the liar's paradox:

This sentence is false.

Using classical logic, this sentence seems to be both true and false. Due to the explosion rule, that implies every sentence. This is absurd, but philosophers don't agree on what has gone wrong here.

Dialetheism is the solution that accepts that it is both true and false and modifies logic to exclude the principle of explosion

@general

 

Putting Jurisprudence Back into Economics

https://www.exploring-economics.org/en/discover/putting-jurisprudence-back-into-economics/

Economics as it has been defined in the 20th century has largely ignored questions of jurisprudence, property rights, contracts and legal structure of economic institutions. Bringing jurisprudence considerations back into economics leads to radically different conclusions

@economics

 

A moral argument for why all firms should be employee-owned - "Inalienable Right: Part 1 The Basic Argument"

https://www.ellerman.org/inalienable-rights-part-i-the-basic-argument/

@general

 

AI, Guaranteed Income, and the “Which Way Is Up?” Problem Afflicting Our Elites

https://cepr.net/ai-guaranteed-income-and-the-which-way-is-up-problem-afflicting-our-elites/

@politics

 

Capital Has No Borders—Why Should We?

Precarious immigration status creates an exploitable labor force, allowing bosses to drive down wages for everyone. Inside the labor case for open borders:

https://inthesetimes.com/article/capital-open-borders-immigration-labor-exploitation-migrant-crisis-urban-citizenship

@politics

 

Take it from a former banker: the budget is for ordinary people. The mega-rich look on and laugh - Gary Stevenson

https://www.theguardian.com/commentisfree/2024/mar/05/banker-budget-mega-rich-traders-jeremy-hunt

@politics

 

The case for liberal anti-capitalism in the 21st century

https://aeon.co/essays/the-case-for-liberal-socialism-in-the-21st-century

The most powerful critiques of capitalism are actually liberal critiques in that they appeal to the liberal principles that defenders of capitalism invoke, but show that capitalism does not in fact satisfy them even in the ideal case.

@general

 

How capitalism violates the most boring and obvious principle of justice and treats people like things - "Inalienable Rights: Part I The Basic Argument"

https://www.ellerman.org/inalienable-rights-part-i-the-basic-argument/

Capitalism violates the principle that legal and de facto responsibility should match in the employer-employee contract.

@aboringdystopia

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