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1 point

How do you get your initial capital to start the co-op? Like you can’t have investors, so is every worker required to buy in the the initial venture?

By the way you are entirely free to structure companies this way under a social democracy

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1 point
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There can be investors in market-based postcapitalist society. They just can’t hold voting shares, so they hold non-voting preferred stock.

Freedom to structure one’s own company as a worker coop doesn’t undo the systematic violations of workers’ inalienable rights in all the other capitalist firms. The only way to fix that would be turn those firms into worker coops as well

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1 point

See that isn’t very consistent is it? If you hold non voting stock you can’t vote on company decisions. But the company does now need to pay you a dividend, which according to you would be immoral as it would mean a third party is profiting from their labour correct?

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The problem isn’t the fact that the investors get some value. It is that the employer gets sole property right to the produced outputs and holds all the liabilities for the used-up inputs despite the workers’ joint de facto responsibility for using up the inputs to produce the outputs. This mismatch violates the tenet that legal and de facto responsibility should match. Worker don’t create output ex nihilo. They use up inputs. Dividends help satisfy those input liabilities @lemmyshitpost

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By the way you are entirely free to structure companies this way under a social democracy

You can set that up in any capitalist society, not just social democracy. It even happens in the US. That’s one of the major advantages of worker co-ops. It’s not true socialism though unless every business is run that way. I don’t really want social democracy. I want real socialism.

As for funding I am not sure. Real worker co-ops must get funding from somewhere I would look into that. In a full market socialist economy the government could have a role in that. After all the current scheme of needing Capital to start a business isn’t fair at all.

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1 point

Right, but why do you require every person in the country to work under a co-op? Is it not enough to let them choose?

In your socialist society if a group of people agreed that they would like to set up businesses under a different model what would you do?

And further, if you’re calling for an enormous change to the way we structure our economy then shouldn’t you be able to articulate how that system will work?

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The requirement that all firms be worker coops is to protect workers’ inalienable rights to democracy and to get the positive and negative fruits of your labor. An inalienable right is a right that cannot be given up or transferred even with consent. These workers’ inalienable rights flow from the tenet that legal and de facto responsibility should match. A group of people agreeing to it is not sufficient for validity because responsibility can’t be transferred even with consent

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1 point

Right, but why do you require every person in the country to work under a co-op? Is it not enough to let them choose?

Look around you my guy. Capitalism doesn’t work. Most people who have the money needed to start or invest in a business are only in it to make themselves richer and to exploit others. My system prevents all of that.

In your socialist society if a group of people agreed that they would like to set up businesses under a different model what would you do?

I imagine the same thing we do now with people who have illegal businesses or businesses that go against regulations.

And further, if you’re calling for an enormous change to the way we structure our economy then shouldn’t you be able to articulate how that system will work?

You have never talked to marxists before have you? They don’t even know what economic system they want to use most of the time, because they don’t consider that detail to be important and think we can figure it out after or during the revolution. If I started asking them these questions they probably wouldn’t give me a straight answer and it would probably turn into an argument.

Meanwhile I am missing a couple of small details. Ones you can find yourself if you are willing to do more research than I have.

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