----- Original Message ----- From: "Justin Schwartz" <jkschw at hotmail.com>
This is the model David Schweickart presents in Against Capitalism and many papers. Imagine a situation where enterprises are owned by the state, but democratically self-managed by workers who are not employees, but cooperators. These enterprises compete against each other for sales in a market. They make money (or not), and pay the workers from the profits they make, reserving some of the profits for capital improvements. They also pay a sort of assets sex, ===============
This is surely one of the finer typos to appear on this list. Justin clearly has some experimental keyboard we've yet to hear about, given there *are* patterns to his typos!
Ian
a kind of rent to the state, for the use of enterprise property. If they don't make money, they go bankrupt and are folded up. They are financed in terms of new investment by granys from state banks which are made on the basis of expected profitability as well as other criteria, such as envirinmental protection, job creation, and community stability, but they must be profitable unless there is an express political decision to subsidize an unprofitable enterprise.
In this model: productive assets are publically owned, except for income stream flowing from their use, which goes to the workers, There are no capitalists. Investment is planned, and does not depend on the animal spirits of the coupon-clipping class, there si no rentier class. Enterprises are democratically managed; bosses are elected and accountable. Workers are not employees but cooperators, they receive profit shares, not wages. But the firms compete in a market, trying to make profits and vying for market share.
Anyway, that is one way to imagine markets without private property.
jks
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