this post was submitted on 20 Jul 2023
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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[โ€“] jlou@mastodon.social 1 points 1 year ago* (last edited 1 year ago)

The employment contract not private property gives the employer the legal right to the whole product and control rights to the firm.

Why do you believe that privately owned capital goods imply a lack of workers' control? A worker coop remains a coop even if a third party rents them a factory.

Oh, you include private land ownership.

Modern social democrats are capitalist of course.

Socialists aren't the only anti-capitalists. "Market socialism" is not socialism.
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