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This week’s Weekly discussion thread will be focused on Capitalism / Economic Systems. Here is the definition we will be using so everyone can use the same terminology. If your argument does not use that definition, we ask that you reframe so that it does so that everyone can work within the same framework.
Here are some questions that should help kickstart things:
- Is capitalism effective? Is it good, or as evil as some Lemmy instances will have you believe?
- Are there better alternatives, and why are they better?
- How could we realistically move toward those alternatives?
- Is there anything you do not understand or would like to discuss about Capitalism / Economic Systems?
Our major difference is terminological.
What I mean by abolishing the employer-employee relationship is the legal system protecting workers’ inalienable rights and mandating worker coops. In a worker coop, all workers are jointly self-employed. Your firm sounds more ethical than the norm under capitalism.
If I were starting a firm, all workers would have equal voting shares. These shares would be inalienable. Non-voting preferred stock would be treated as tradable property @actual_discussion
Which I understand. It’s why I called the company a “firm” as I feel it’s a more accurate descriptor. The main difference is that we don’t let employees just starting their trial period vote or lead a team yet until they get a feel for how we operate. We’re quite a large swing from what normal companies do and it takes time to adjust and understand, not to mention that our processes are a complete rethink of how it is anywhere else.
The shares can be sold to other shareholders, but not to anyone outside the company. Unlike most corporations, we don’t want solely financially invested shareholders as they’re in business to extract value. They are parasites.
I’ve built this model out in hopes it will catch on. I feel that if most companies operated under Social Capitalism that we’d be substantially better off. Certain aspects of it are so important and such a step up from the norm that I don’t understand how they weren’t obvious to other owners. But… greed I guess. Greed hurts every system it’s in.