25 ms·
Meanwhile, individuals continue to own entire corporations and the right to appropriate all of its productive output for themselves, as if this idea somehow mak
by astazangasta 10y ago
Meanwhile, individuals continue to own entire corporations and the right to appropriate all of its productive output for themselves, as if this idea somehow makes any kind of sense.
The fact that all of the gains from automation will go to a handful of people is a political choice we continue to make every day.
- randomgyatwork 10y agoUntil competitive cooperatives exist as legit alternatives we don't have any other option.
- astazangasta 10y agoThey exist: https://en.wikipedia.org/wiki/Amul https://en.wikipedia.org/wiki/Amul We need to bootstrap this process: successful cooperatives dump excess profits into capital grants for new cooperatives. But this involves people making the initial effort to organize as cooperatives; I'm not sure that legal and tax structures actually support this form of organization in the US.