this post was submitted on 21 Jul 2024
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Memes

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[–] jlou@mastodon.social 1 points 3 months ago* (last edited 3 months ago)

Capitalism is a system of property relations and labor relations. It is conceivable to not have those property relations and labor relations in a firm. However, a corporation doesn't do that as the employer solely appropriates the entire positive and negative result of production i.e. the property rights to the produced outputs and liabilities for the used-up inputs. In a worker coop, the workers jointly appropriate the fruits of their labor. Capitalist property relations aren't present @memes