Comment on Capitalism is all about using state power to protect capital by force

• Catoblepas@lemmy.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

  Presumably the same way worker owned businesses work now.

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  • adjectivenoun@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    So market capitalism but all businesses are publicly traded or coops?

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    • Catoblepas@lemmy.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

      Capitalism requires private, profit based ownership of the means of production. Not all worker owned businesses are profit seeking, or any profit they obtain beyond operating/wage costs is redistributed to the workers/voted on for how to use it. Without a profit motive and private ownership you’re cutting out a huge portion of what makes capitalism so destructive.

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      • adjectivenoun@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

        So capitalism but every company of a certain size operates as a not for profit coop? (Is that still capitalism?) I’m being serious here. I would like more collective ownership of capital but I don’t know what it looks like and I don’t trust the government to do it centrally. We’d need to nail down details like how big a company has to grow before it must distribute and how the original owners or investors are compensated for that loss of control. We wouldn’t want a system where no one tries to do anything cool because it would ultimately be taken away as soon as it succeeded.

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