• J Lou@mastodon.social
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    26 days ago

    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

          • J Lou@mastodon.social
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            26 days ago

            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