2 ms·
Workers owning the means of production, and shares are ownership. So yes it is (one form of) socialism.
by satvikpendem 4mo ago
Workers owning the means of production, and shares are ownership. So yes it is (one form of) socialism.
- Refreeze5224 4mo agoShares are not the means of production. They are a mutually agreed upon fiction and sit firmly within the realm of capitalism.
- satvikpendem 4mo agoLeaving aside that market socialism also exists, in which shares do as well, not just Marxist Leninist, what do you define as ownership then? Especially in today's age where value is in software not only hardware. How would a worker own a means of production?
- Refreeze5224 4mo agoIn today's age of exclusive capitalism? There is no worker ownership of the means of production. If you can't use a mine to get some coal, or use some tools to make widget, or use a GPU to do inference I guess, then you don't own it, do you? The point is anyone who needs to do those things can, and that ownership is tangibly available to everyone. Not in the "this is public property" but the state actually owns it sense.
- satvikpendem 4mo ago[dead]
- watwut 4mo agoNot at all. They maybe get portion of future valie, but have no decision power and no power at all.
- satvikpendem 4mo agoVoting shares exist. In fact, worker cooperatives are the end result by this method, where every worker does indeed have a vote and therefore decision power.
- watwut 4mo agoEmployees dont get voting shares. These are carefully designed so that there is no risk of employees getting any rights. They are deferred potential compensation. And no, the companies we talk about dont produce worker cooperatives.
- satvikpendem 4mo agoEmployees can, if they work at companies that do give them, nothing fundamentally stops them from receiving voting shares.
- KingMob 4mo ago[dead]