@tripu So... what do you think of the proposal that anything that is a business must be owned by those employed by it?
Not ending capitalism as in ending money as an exchange medium, but ending personal posession where other people are a part of what is posessed?
Kind of like... a real end to slavery?
My first reaction is: that is allowed now. There are worker cooperatives. No need to change anything.
Then, if that kind of company were superior in some way (more competitive, more stable), market forces (both consumer decisions and workers voting with their feet) would make them rise to the top, and the model would spread. Why doesn't it?
And, breaking news, slavery ended (in liberal democracies). I have been working for almost two decades, and was never slaved nor owned by anybody. I don't even know what you're talking about.
@tripu It is allowed, but not encouraged.
The problem, like so often, is the metric.
What is successful under current conditions in most countries is what makes a lot of money. Money, distributed unevenly, however, does not mean that the quality of life of most people is in any way relevant.
We are relatively privileged, living in the EU, where the conditions are relatively good - but capitalism has long gone worldwide. With companies operating worldwide, it would not be a complete picture to just look at our own countries.
So what would "superior" mean to you? Are humans relevant, or just that the economy produces a lot of stuff?
So i would say while there is nothing that can be called slavery right here, the textile workers without reasonable alternatives which would starve if giving up their jobs in the third world might beg to differ.
@tripu I would say that you make one proxy step too much for reliability.
Minimizing sufferung -> Well-being -> GDP breaks down in the last step. The first one i agree, but GDP is an average, so it looks good even if all people but one would not be able to afford food. Where exactly on the scale from all equal to maximum inequality we are is a complex topic. But maximum inequality is not forbidden!
And the textile workers i took as an example here are not those in some very few businesses that produce in Europe - i mean those in developing countries.
This brings me to why i used this example: seeing things globally with globally acting companies needs to consider if trade deals are fair. And from what i heard, trade deals between developed and developing countries are rarely fair.
I assume a lot of my relative wealth is not founded on capitalism, but because of a burden poor people in developing countries carry.
So they would be better off if we had never meddled in their affairs, that's what i think.
Ah, and the GDP of developing nations is not great - so even by your measure, we (as humans) messed up there.