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Are you claiming that production isn't being moved to cheaper labor countries all the time? Also small businesses, though usually through buyouts by bigger comp

Are you claiming that production isn't being moved to cheaper labor countries all the time? Also small businesses, though usually through buyouts by bigger companies. Very small companies, which are essentially self-employment (and thus worker owned) not so much. Yes, the legal framework of liberalism typically does allow for a wide variety of contractual associations. Some are more conducive to capitalism, i.e. extracting profits from work (typically by others) by the sole virtue of ownership.

robertlagrant 3y ago
> Some are more conducive to capitalism, i.e. extracting profits from work (typically by others) by the sole virtue of ownership. Working for yourself is also capitalism. All of the contractual associations we've mentioned work well in capitalism. Your "extracting profits from work" characterization is misplaced. A self-employed plumber extracts profits from work in a sense, but it's a biased way to put it. Everyone who starts a business and loses money isn't extracting profits. A more neutral way is "people work and pay based on voluntary agreements, under law". Which would include the co-op arrangement we've mentioned.