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submitted 2 years ago by [email protected] to c/[email protected]
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[-] [email protected] 27 points 2 years ago

Ok, there are actual implications and definitions behind the terms you're throwing around haphazardly, fact of the matter is you don't know what you're talking about, that's fine, you don't have the relevant knowledge of economics or theory, technical or historical, so a lot of what I said probably went over your head

So let's clear up some basics, there is a logic to capitalism; private ownership of the means of production is the framework, profitability is the fuel and commodity production is the output, those aren't assumptions, that is the "nature of reality" under capitalism

And finally I didn't say there are no successful coops, read more carefully, I said they're only successful to the extent they are profitable and are limited by competing firms that act as regulating capitals, firms compete by cutting costs or increasing productivity, but productivity is tied to technical developments, so that can't always be relied on, but cutting costs i.e. wages is always the first resort, hence the disadvantage for coops who theoretically value worker compensation over other more common capitalist concerns

That buddy is a form of systemic logic

this post was submitted on 03 Sep 2023
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