[lbo-talk] Winter solstice wishes

Wojtek S wsoko52 at gmail.com
Fri Dec 20 09:10:19 PST 2013


"Corporation" can mean different things in addition to the profit maximizing entities. For example, "benefit corporations" http://en.wikipedia.org/wiki/Benefit_corporation are not legally required to maximize profits. Social economy units (cooperatives) are also incorporated but democratically governed - that is 1 person 1 vote instead of 1 share one vote.

The point is to introduce democratic governance and wealth distribution at the production unit level (the corporation) rather than macro-level (government).

On Fri, Dec 20, 2013 at 11:50 AM, martin schiller <mschiller at pobox.com>wrote:


>
> On Dec 20, 2013, at 7:28 AM, Wojtek S wrote:
>
> > Under socialism, the level
> > and kind of production, and consequently the amount of labor input and
> > environmental pollution would be decided not by capitalists pursuing
> > private profits, but democratically by pursuing the maximum public good.
> > Likewise, the distribution of aggregate surplus created by that
> production
> > will also be decided democratically by taking into consideration general
> > public welfare, incentives, and social policy objectives. The
> > institutional mechanisms for this kind of decision making already exist -
> > they only need to be implemented on a global scale to replace capitalists
> > property relations.
>
> Developing a compelling narrative that builds movement toward that end
> seems to be a necessary first step. I like the argument of the government
> as a super-corporation, with the people as equal shareholders. People seem
> to like and understand the relationship between corporation and
> shareholder. The government role would be seen as managing the national
> business for the long term benefit of the shareholders. Many would dismiss
> it as corporatism, but in a state where corporations rule, offering the
> people the opportunity to believe that they have the biggest corporation
> seems to offer hope.
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>

-- Wojtek

"An anarchist is a neoliberal without money."



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