Instead, we should implement new mechanisms for funding public goods like news such as quadratic finance. Quadratic finance is a non-market mechanism that enables a decentralized ecosystem of self-organizing public goods producers such as newsrooms. It overcomes the collective action problem of donation-based models by considering the number of people contributing as well as the amount of money contributed. Newsrooms with a large base of popular support receive greater funding
jlou
joined 2 years ago
I agree he is not a socialist in the 20th century sense, but he clearly says that workers should have ownership stake in companies, which is not a capitalist sentiment. He advocates for employee ownership of companies. I also am aware of who his economic advisors on these issues are and they are very much anti-capitalist
Bernie Sanders is a proper anti-capitalist not just social democratic capitalist. See: https://berniesanders.com/issues/corporate-accountability-and-democracy/
Software companies usually form as worker coops directly rather than using an ESOP mechanim
Here is a list worker coops: https://www.usworker.coop/directory/
There are some software companies in there under technology
Worker coops can delegate decision-making to managers and executives. This can ensure speedy decision-making. Having workers control the firm doesn't mean that every decision must be made by referendum. There can be delegation and more representative democracy
Less plants are killed from eating plants exclusively then from eating animals as well because you have to grow plants to feed livestock
The link argues that uber drivers are employees.
The no employee factory as described sounds fine. Ellerman's philosophy doesn't just imply a worker coop mandate. Since natural resources aren't the fruits of anyone's labor and the equal claim to them of future generations, we should apply common ownership arrangements to land and natural resources and artificial monopolies.
Neo-abolition doesn't solve every problem.
Social ownership of capital is orthogonal policy issue
Liberalism refers to both a coherent political philosophy and a historical political tendency. The former liberalism is anti-capitalist. Yes many historical liberals were pro-capitalism, but this position makes their liberalism incoherent.
Private property rests on the principle that workers have an inalienable right to appropriate the positive and negative fruits of their labor. Capitalism violates this norm. Locke was wrong
A market economy of worker coops isn't socialism
At its core, liberalism is fairly anti-capitalist. There are many arguments against capitalism from liberal principles such as the principle that legal and de facto responsibility should match. The workers in the firm are jointly de facto responsible for using up inputs to produce outputs, but receive 0% claim on the positive and negative production while the employer solely appropriates 100% of the positive and negative result of production
It gets even more confusing when you consider anti-capitalist classical liberals
https://www.ellerman.org/wp-content/uploads/2018/12/Classical-Liberal-JurisprudenceJune2018.pdf
If God must be omniscient, God doesn't exist
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I agree that giving alienable voting shares to workers isn't anti-capitalist. It becomes anti-capitalist when the voting rights over management and corporate governance are inalienable meaning they are legally recognized as non-transferable even with consent.
Here is a talk by people involved with Bernie Sanders politically about how all companies should be democratically controlled by the workers: https://youtu.be/E8mq9va5/_ZE
Sanders supports worker co-op conversions
@noncredibledefense