this post was submitted on 24 Oct 2024
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Sure, let's "regulate" capitalism by outlawing absentee ownership of land and capital.
I would say that wouldn't be capitalism anymore, but you can call it what you want.
I am an anti-capitalist.
To get rid of capitalism, you don't have to abolish absentee ownership of capital. A worker coop can lease capital from third parties and remain a non-capitalist democratic worker coop. Abolishing capitalism just requires abolishing the employment contract and common ownership of land and natural resources. Without the employment contract, everyone is either individually or jointly self-employed, so every firm is a worker coop
@196
I prefer mutualism to Georgism, but I prefer either to capitalism. ¯\(ツ)/¯
I am a mutualist as well. I just use the term, economic democracy as David Ellerman calls it, instead because mutualism doesn't seem as clear. Also, mutualism has anarchist connotations, which I am sympathetic to, but I believe the movement to abolish capitalism should be broader than anarchism.
In other words,
anarchist economic democracy = mutualism
@196
Yeah, that's fair. I think it's important to promote anarchism too, but it is a harder sell.
Overall, I think we just need to remind people that political and economic hierarchies are mutually reinforcing, and keep pushing things in a libertarian-ish direction.