I’ll write one. The talk argues that employment contract is invalid due to inalienable rights. Inalienable means can’t be given up even with consent. Workers’ inalienable rights are rooted in their joint de facto responsibility in the firm for using up inputs to produce outputs. By the norm that legal and de facto responsibility should match, workers should get the corresponding legal responsibility, but in employment, workers as employees get 0% while employer gets 100% of results of production

David Ellerman’s modernization of the classical laborists’ argument against capitalism is significantly more powerful than modern Marxism.

Marx’s claim that private property is the root of capitalist appropriation has been disproven in modern theories of capitalism’s property rights structure. Private property plays a role in giving bargain power to get favorable terms, but the ultimate legal basis of capitalist appropriation is the employer-employee contract

@politicalmemes

Postcapitalist systems can use market prices and, in principle, be Pareto optimal on non-institutionally described states of affair

@politicalmemes

You just mention the community in the post

@politicalmemes

What would be a more appropriate community?

@politicalmemes

Because most liberals don’t consistently apply their own principles. A principle that liberals are inconsistent with is the juridical principle of imputation, the norm of legal and de facto responsibility matching. They ignore this norm’s routine violation in the capitalist firm. Here, despite the workers joint de facto responsibility for production, the employer is solely legally responsible for 100% of the positive and negative results of production while workers as employees get 0%

@asklemmy

Market economies aren’t exclusive to capitalism. A postcapitalist society could use markets in some places.

It is capitalism’s defenders, who are unscientific. Basic facts are unmentionable to capitalism’s supporters. The fact that only persons can be responsible and things no matter how causally efficacious can’t be responsible for anything is unmentionable in an economic context. The employer’s appropriation of 100% of the positive and negative fruits of labor is obfuscated

@unpopularopinion

Who defines permitted contracts in a free market? Some right libertarians suggest that “free” markets include the “freedom” to sell labor by the lifetime or sell voting rights in the state.

“The comparable question about an individual is whether a free system will allow him to sell himself into slavery. I believe that it would.” – Robert Nozick

The theory that invalidates such contracts is the theory of inalienable rights. It has recently been shown to apply to capitalist employment

@memes

"We all declare for liberty; but in using the same word we do not all mean the same thing. With some the word liberty may mean for each man to do as he pleases with himself, and the product of his labor; while with others the same word may mean for some men to do as they please with other men, and the product of other men’s labor.” – Abraham Lincoln

This quote captures the differing understandings and notions of liberty between these different political groups

@linux

A moneyless society that scales up to billions of people is unlikely to be possible

Postcapitalist alternatives that use currency to facilitate trade between actors without social ties seem much more plausible
@asklemmy

This would be joint self-employment as in a worker coop

@asklemmy

I would argue that all employment contracts are terrible due to their violation of the principle that legal and de facto responsibility should match. De facto responsibility is de facto non-transferable, so there is no way for legal and de facto responsibility to match in an employment contract. Instead, workers should always be individually or jointly self-employed as in a worker coop

@asklemmy

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