Abolishing capitalism pre-distributes wealth so that people don’t become billionaires in the first place. 100% land value tax encourages efficient use of

This part. Having employee owned corporations doesn't abolish capitalism completely. Although, I agree that it would be awesome.

[–] jlou@mastodon.social 1 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

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?

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[–] pelespirit@sh.itjust.works 1 points 2 weeks ago (1 children)

I would suggest looking into what capitalism is before we have that conversation.

[–] jlou@mastodon.social 1 points 2 weeks ago (1 children)

I know what capitalism is. My analysis of capitalism comes from a mutualist perspective and is inspired by the classical laborists rather than Marx

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[–] pelespirit@sh.itjust.works 1 points 2 weeks ago (1 children)

Okay, in what country has the mutualist perspective inspired by the classical laborists type of capitalism worked?

[–] jlou@mastodon.social 2 points 2 weeks ago (1 children)

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

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[–] pelespirit@sh.itjust.works 1 points 2 weeks ago

It's been interesting speaking with you. Especially cool that you're coming from mastodon.