this post was submitted on 18 Aug 2023
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politics

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[–] within_epsilon@lemmy.world 8 points 1 year ago (2 children)

The best capitalist society still imposes a class division between owners and workers. Owners want to maximize profit by paying as little as possible for labor. Workers want to get paid as much as possible for doing the least work.

I am looking for a system where workers gets to keep the value of their labor. Owners lack a place in such a system.

[–] Zoboomafoo@yiffit.net -1 points 1 year ago (1 children)

I am looking for a system where workers gets to keep the value of their labor. Owners lack a place in such a system.

Why? You can have both owners and profit sharing

[–] within_epsilon@lemmy.world 4 points 1 year ago

Owners, workers and profit sharing exist under capitalism. Profit sharing is not the same as being an owner due to decision making power and ownership of capital i.e. private property. Workers can benefit from profit sharing, but are excluded from the owners black box for determining profits. The worker keeps their job by producing more value than their labor cost.

I am looking for a system where workers get to make decisions regarding their labor and own the tools by which their labor produces value.

[–] flossdaily@lemmy.world -3 points 1 year ago (1 children)

That's just simply not true. You can go buy some shares of Disney right now, and you'll see that you get the benefits of being an owner.

It's a spectrum of how much you own vs how much you contact to do labor.

[–] within_epsilon@lemmy.world 4 points 1 year ago (1 children)

Owning stock in Disney would give me a share in the profits. I could also possibly vote when Disney lets shareholders do so. As a worker for Disney, I could receive money for selling my time and a portion of the profits via shares. I would thereby be a worker/owner. I would reduce that to worker, but lets entertain worker/owner as a class.

However as a worker/owner, I would not be able to make decisions that change cost. I would not own anything other than the share which is placing faith in the company. I would still try to do as little work as possible for as much compensation as possible since I am still primarily a worker.

Maybe my passive income stream will someday overcome the cost associated with meeting my material needs. I could then graduate from worker/owner to owner.

[–] flossdaily@lemmy.world -1 points 1 year ago

Or, at any time you could start your own business online and sell your labor as a freelancer or consultant.