J Lou on Nostr: npub1kpwlx…xxzz4 npub1tpsxq…69rmt There is a misunderstanding of how the property ...

npub1kpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qqdxxzz4 (npub1kpw…xzz4) npub1tpsxqun7jgcc8m4au2f6ta9ndxjww4gfmdlcygd3p9r2rcuh35qsk69rmt (npub1tps…9rmt) There is a misunderstanding of how the property and contract system works here. Capital ownership does not determine firmhood. The employer gets those rights in the employer-employee contract. Capital only increases bargaining power to get favorable market contracts.

Workplace democracy is actually compatible with private ownership of the means of production. A worker coop can rent capital.

In such an economy, the employment contract is abolished