3 ms·

You are missing a few things here. Firstly that involving workers in the ownership and running of a company is a successful model that is working in German for

You are missing a few things here. Firstly that involving workers in the ownership and running of a company is a successful model that is working in German for example. Focus on short term shareholder value is not good for employees or the company. You are posting on a site that has a large percentage of people working in start-ups. Comments like your kind of goes completely against the audience. Secondary, I've heard McDonnell describe himself as a Marxist. but he is also a politician. Unlike Corbyn he was the one to (incorrectly in my view) seek compromise and common ground with people who were seeking to undermine him. He was the key player in getting Labour to adopt a policy of second referendum, something that an ideological Marxist would certainly not go anywhere near, let alone drive. There's no actual Marxist I know that would go anywhere near the EU.

cuteboy19 4y ago
Youre both wrong. under marxism public utilites would be owned and run by the workers i.e. the people in total, not just the workers who happen to work at the utility. this is because union ownership of public utilites is a recipie for failue and cannot be compared to successful for profit coops
- gghhzzgghhzz 4y ago
  I think you are conflating socialism with statism. Personally I don't believe Marxism to imply state control, or public ownership to mean state ownership. I'd also see ownership models to include workers and customers. e.g. as a seasonal reference Building and Loan from It's a Wonderful Life. Of course not everyone sees it that way.
mytailorisrich 4y ago
In English "run by the workers" have a very different meaning from "involving the workers". So your point is a strawman. Yes a large portion of readers probably works in startups, the pinnacle of market and financial capitalism and should in all logic despise Corbyn and McDonnell... although that's irrelevant to the discussion. McDonnell and Corbyn are indeed life long euroseptics and very satisfied with Brexit, which made it even more ridiculous to see so many students cheering them.

cuteboy19 4y ago

Youre both wrong. under marxism public utilites would be owned and run by the workers i.e. the people in total, not just the workers who happen to work at the utility. this is because union ownership of public utilites is a recipie for failue and cannot be compared to successful for profit coops

gghhzzgghhzz 4y ago
I think you are conflating socialism with statism. Personally I don't believe Marxism to imply state control, or public ownership to mean state ownership. I'd also see ownership models to include workers and customers. e.g. as a seasonal reference Building and Loan from It's a Wonderful Life. Of course not everyone sees it that way.

mytailorisrich 4y ago

In English "run by the workers" have a very different meaning from "involving the workers". So your point is a strawman. Yes a large portion of readers probably works in startups, the pinnacle of market and financial capitalism and should in all logic despise Corbyn and McDonnell... although that's irrelevant to the discussion. McDonnell and Corbyn are indeed life long euroseptics and very satisfied with Brexit, which made it even more ridiculous to see so many students cheering them.