Our society is not without faults. Our domestic and foreign policies are also often flawed. To correct failings, we need people who point them out, however unpopular that may be. We should be enabling a wide framework of public discourse, not seeking to silence people. To date, we haven’t quite reac...
Capitalism is indefensible from a libertarian perspective. A central libertarian tenet is that legal and de facto responsibility should match. However, the capitalist employer-employee contract inherently involves a violation of this tenet. The employer gets 100% of the legal responsibility for the positive and negative results of the enterprise. Despite workers' joint de facto responsibility for using up inputs to produce outputs, workers as employees get 0%
It's been a long time since I've read any of this stuff - do you have a reference for the claim about legal and de facto responsibility?
That being said, I would argue that they are not incompatible but rather that capitalism acts as a constraint on liberty. That being said, it is the economic system in which liberty is maximized relative to any other system. No doubt that's why it has persisted.
Liberty and longevity are not directly related. History has in fact shown the opposite. Like… capitalism is only a few hundred years old at most, and has only existed in its current form since the 18th century. Compare that to systems of fuedalism, monarchism, places that have had oppressive regimes since conception like Saudi Arabia. Also look at how our current form of capitalism has subsisted largely on the backs of usee countries being bled and made to kneel by usar countries, which is arguably the largest contributor to its perceived longevity.
I understand that employee-owned companies exist (though I think it's rather telling that I haven't heard of any of them) but I thought this was a model for economic policy at the societal level. Those companies all exist within a capitalist economy.
The idea is to mandate worker coop structure on all firms.
It's not that telling. Without a worker coop mandate, there are collective action problems and market failures. It's harder for all the workers to cooperate to form a worker coop than an employer to hire up all the workers.
No society has a full worker coop mandate because the modern arguments for it were published in the 90s. Some countries do mandate some worker board representation and codetermination though @canada
Mandating it doesn't seem to be consistent with individual liberty, though.
Forgive me for being pragmatic about this, but if this was such a good idea and consistent with the interests of the people, you wouldn't have to mandate it. This is how things would be done.