3 ms·
Precisely. Markets (and capitalism) are great tools. They should not be seen as the end-all-be-all. Same with socialism, communism, as well as other socioecono
by kefka 12y ago
Precisely.
Markets (and capitalism) are great tools. They should not be seen as the end-all-be-all. Same with socialism, communism, as well as other socioeconomic -isms.
The failing of the markets is the lack of empathy for the fellow human. We know from the way the US looks how capitalism fails. Poor people are disempowered and marginalized from the system, because little money = little power over self. There is also a downward push to bring everyone into poverty.
The current gig economy and using mTurk are both ways to make previous corporate internalites to the public as externalities, whilst privatizing profit. Along with that, they also rely on having none of the protections of an employee, yet with all the requirements of one. It conveniently gets rid of the reforms we fought for in the '30s.
Are there solutions to the marginalization of the workforce, along with poverty working class? Yes.
1. Minimum income. Everybody gets it, regardless of a means test. This could be built up by the local level or state, where fees and fines and such could start the basis of a minimum income, even if it's $20/mo. Start small, look big.
2. Change laws to encourage worker cooperatives. Worker cooperatives, like Mondragon, have shown that they care for the fellow worker, because they all own the company as well as manage the company. It would also fit inside our current idea of ownership and contracts. The goal here is to enable political decisions to make company creation in this route easier. Thus the 3'rd...
3. Change unemployment law that allows you and 9 of your unemployed friends who want to start a cooperative to cash out of rest of unemployment to start a business: a worker cooperative. This has been a law in Italy since '85, and is greatly successful. And given how small businesses are celebrated, this should be a great law to pass regardless party.