this post was submitted on 01 Aug 2024
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Private property isn't as supportive of capitalism as it initially seems. Classical laborists (e.g. Proudhon) and their modern intellectual descendants (e.g. David Ellerman) argue that the positive and negative results of production are the private property of the workers in the firm. This argument immediately implies a worker coop structure mandate on all firms and rules out capitalism. Capitalism is so indefensible that even private property requires the abolition of capitalism
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Private property is the very foundation of capitalism. The capitalist class owns the means of production, and the working class must sell the only thing it can—its labor—to survive.
They can argue that all they like, but the facts on the ground are that the capitalists own the private property, and the state enforces that ownership though its monopoly on violence. It’s a dictatorship of the bourgeoisie, usually in the form of bourgeois democracy, and occasionally, in times of crisis, in the form of fascism.
Private property rests on the principle of people getting the fruits of their labor. In other words, private property appropriation has a labor-basis that capitalism denies. Capitalism violates the very principle behind private property by giving workers 0% joint claim on the positive and negative fruits of their labor
"Property is theft!" -- Proudhon
The employment contract is what really enables capitalist appropriation.
I agree with your critique of capitalist liberal democracy
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