jlou

I made a post in this community of a moral argument for mandating employee-owned companies. It isn't based on a gut feeling. It is based on the theory of inalienable rights. Here is a link to that post:

https://lemmy.world/post/17963706

@general

Can you give an example in the case where investors hold non-voting preferred shares?

I'm not sure how cross posting works from Mastodon to Lemmy. I thought I had to do that to get boosted by the group

The employer-employee contract

It violates the theory of inalienable rights that implied the abolition of constitutional autocracy, coverture marriage, and voluntary self-sale contracts.

Inalienable means something that can't be transferred even with consent. In case of labor, the workers are jointly de facto responsible for production, so by the usual norm that legal and de facto responsibility should match, they should get the legal responsibility i.e. the fruits of their labor

@asklemmy

Why do investors defeat the whole purpose? @general

I 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

@politics

Employment 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

@politics

100% land value tax would solve this @asklemmy

The 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

@politics

Thank 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

@politics

Not quite. Voting rights over firm governance are non-transferable/inalienable. The employer-employee contract is abolished, and everyone is always individually or jointly self-employed.

Incorporating social objectives should be done at the level of associations of worker coops

@general

Things are even more complicated than that due to the existence of liberal anti-capitalists that interpret the liberal theory of inalienable rights, which originated in the abolitionist, democratic and feminist movements, as also invalidating the employer-employee contract.

In other words, there is overlap between liberals and leftists as well

@progressivepolitics

While many socialists supported worker coops in the interim, an economy of exclusively worker coops comes more so from the classical laborists such as Proudhon.

@general